David Garrity on CNBC Worldwide Exchange: AAPL, The Rise of Services

David Garrity breaks down Apple’s earnings report from CNBC. No Smartphone “Super Cycle” Yet, But Operating Leverage Is Alive & Well At AAPL Off a modest +3% year/year increase in iPhone shipments to 52.2mm, AAPL delivered better than expected revenues of $61.1bn (expectations $60.9bn), a +16% year/year gain and the strongest revenue growth in more

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