PALO ALTO, U.S. -- Apple's revenue hit an all-time for the three months through December as iPhone sales returned to growth for the first time since 2018. But while sales in China beat expectations, the recent coronavirus outbreak in the region is dragging on the U.S. smartphone maker's outlook for the next quarter.
Apple recorded revenues of $91.82 billion for the first quarter of its 2020 fiscal year, beating its own guidance and Wall Street's consensus estimate, the company announced in an earnings call on Tuesday. The greater China region, which includes the mainland, Hong Kong and Taiwan, contributed greatly to the company's strong overall performance. Sales there returned to growth after a year-long dip, rising 3% on the year to $13.58 billion
