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Apple reported that it sold fewer iPhones than expected in Q2Apple sold 50 million iPhones in the past quarterThe main bright spot for Apple continues to be in its services
Apple faces more pressure than ever to deliver with its highly anticipated next-generation iPhone, as the company reported Tuesday that it sold fewer iPhones than analysts had expected in the company's second quarter.
Those looking forward to the new phone may have held off on buying a new device until the fall, analysts said. The softer-than-expected sales come as Apple faces increased competition for the device that makes up the majority of Apple's profits.
Apple sold 50 million iPhones in the past quarter, 1 million less than in the same period last year. Analysts had expected Apple to sell 52 million units.
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