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July 22, 2015
SAN FRANCISCO — Apple's stock slid sharply on Tuesday after the company reported strong iPhone sales but remained coy about the performance of its new smartwatch.
While not releasing specific figures for the Apple Watch, Apple reported total results for several products, including the watch, that suggest sales were lower than many Wall Street analysts expected. The company also issued a revenue forecast for the current quarter that suggested sales could fall below analysts' prior estimates.
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