NPR

Apple Has Good Sales News For Wall Street

Investors expected a slowdown in iPhone 7 sales but they were up 1.6 percent year-over-year. Apple also enjoyed iPad and Mac sales well ahead of the overall industry for computers and tablets.
A spectator at Wimbledon last month uses an iPad to take pictures of the action. Improved sales of the tablets were part of the good news out of Apple's quarterly report. / ADRIAN DENNIS / Getty Images

Apple put investors at ease Tuesday with its quarterly report. Wall Street was expecting a slowdown in iPhone 7 sales. Instead, sales of the iPhone 7 were up 1.6 percent year over year.

Analysts thought that consumers would wait for the highly anticipated

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