Apple iPhone sales slow

While Apple posted better fourth-quarter earnings, the company reported iPhone sales have been slower.

During the last three months of 2015, the company sold 74.8 million iPhones, a less than 1 percent increase compared to a year earlier. It was the slowest growth for iPhone sales since the device was introduced in 2007 and slightly under the 75.5 million forecast by analysts.

Earnings for the just-completed quarter were $3.28 per share, compared with $3.06 a year ago and topping forecasts of $3.23 a share.

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