Apple Inc is expected to report a 1.3 percent increase in iPhone sales in the holiday quarter, its slowest ever and a far cry from the double-digit growth investors have come to expect. Apple sold 75.5 million iPhones in the October-December quarter, according to research firm FactSet StreetAccount, 1 million more than what was sold in the year-ago quarter. Shares of Apple, which will announce earnings after markets close on Tuesday, were trading up 0.3 percent at $99.76, after dipping to $98.07 in morning trading.
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Apple set for slowest ever iPhone sales growth
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