Last week, Apple (Nasdaq: AAPL) announced its third quarter results that were ahead of expectations yet failed to truly impress the market. The company posted its third consecutive quarter of declining sales and expected a similar slowdown to continue in the current quarter. Apple's Financials Apple's third quarter revenues fell 1% to $81.8 billion, significantly ahead of the market's forecast of $81.69 billion. EPS was $1.26, surpassing the Street's forecast of $1.19. By segment, iPhone revenues fell 2% to $39.67 billion. Mac sales fell 7% to $6.84 billion and iPad sales fell 20% to $7.37 billion. Revenues from Wearables grew 2% to $8.28 billion. The services segment revenues grew 8% to $21.21 billion. Apple did not provide any forecast for the fourth quarter. The market estimates revenues of $89.25 billion and an EPS of $1.39 for the fourth quarter. Analysts expect revenues of $383.12 billion and an EPS of $6.07 for the year. Apple's Product Growth Apple rece
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