Apple ends yearlong sales slump with slight revenue rise in holiday-season period but stock slips

Apple snapped out of a yearlong sales funk during its holiday-season quarter. The tech giant was propelled by solid demand for the latest model of its iPhone and still-robust growth in a services division facing legal threats that could undermine its prospects. The modest revenue growth announced Thursday as part of Apple’s October-December results ended four consecutive quarters of year-over-year sales declines. But the performance still may not be enough to allay recent investor concerns about Apple’s ability to rebuild the momentum that established it as the most valuable U.S. publicly traded company. Even though Apple's revenue and earnings both topped analyst projections, the company's stock still slipped.