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Apple: iPhone sales jump

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Wednesday, July 23, 2014

WSJ: The consumer electronics giant reported its smartphone sales jumped 12.7%, but its iPad sales fell 9.2% after a 16% decline three months earlier.

The iPhone results stood in contrast to iPad sales, which slid for the second consecutive quarter, raising questions about the future of Apple's tablet as the company gears up to launch bigger-screen iPhone models.

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