Apple FYQ1 Revenue Grows, Ending Sales Slump; IPhone Sales A Beat; Growth Slows In Greater China

 Apple beat on the top and bottom line today but investors nudged the shares lower as sales fell and in China and the company didn’t deliver the blowout the Street seemed to want. Revenue of $119.6 billion, up 2%, beat expectation was up for the first time after four quarters of declining sales, and above expectations —  Apple had told investors to expect revenue to be about flat with a year ago. Earnings per share of $2.18 were higher than $2.11 anticipated and up from $1.88 the year before. “Today Apple ...