Apple’s Profit Falls Despite Higher Sales of iPhones - NYTimes.com

A pivotal quarter for Apple

"On Monday, Apple reported a profit of $7.5 billion for the fourth fiscal quarter, on revenue of $37.5 billion, down from earnings of $8.2 billion on $36 billion in revenue during the same period last year.
Apple’s iPhone sales were up sharply, thanks in part to the introduction of new iPhone models last month. But iPad sales were flat, and Mac sales slowed down — and both of those devices brought in less revenue than a year ago."

Apple’s Profit Falls Despite Higher Sales of iPhones - NYTimes.com