Apple shares rally as company outlines life beyond the iPhone


Rising sales: People shopping for products at an Apple store in Istanbul. The company says Mac revenue grew 9, while iPad sales climbed 17 and its wearables business, which includes the Apple Watch and AirPods, surged 50. — AP

SAN FRANCISCO: Apple Inc convinced investors that life beyond the iPhone won’t be so bad, sparking a relief rally in the stock.

The Cupertino, California-based company reported its first holiday-quarter sales decline since 2001 as revenue from the iconic handset tumbled 15%.

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