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CBSNews.com
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2021

Apple shares fall over concerns that iPhone sales are peaking

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Apple's stock got hammered after the release of its quarterly earnings Tuesday. The company reported nearly $50 billion in revenue, up 33 percent over last year. Although profits surged to more than $10 billion, sales of the iPhone fell short of Wall Street expectations. CBS News contributor and NewYorker.com editor Nicholas Thompson joins "CBS This Morning" to discuss the concerns.














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