Apple posted better-than-expected profit and revenue in the latest quarter but said sales dropped for the fourth straight quarter, including a drop in revenue for iPads and iMacs.

<div class="block">Apple posted better-than-expected profit and revenue in the latest quarter but said sales dropped for the fourth straight quarter, including a drop in revenue for iPads and iMacs.</div>

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Apple Beats Expectations in Latest Quarter

And Apple has reported better than expected profit and revenue in the latest quarter but said sales dropped for the fourth straight quarter does include a drop in revenue for ipads and Macs. While the tech giant did see growth in its iphone business after releasing four new iphones in September, Apple's finance chief said the company expects sales in the current period to be similar to figures from a year ago.