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Apple's regulatory filing revealed that the company was bracing for a sales drop last year, although not quite as steep as what occurred. The compensation committee for Apple's board of directors had established a revenue goal of $224 billion for last year, which would have been a 4 percent decline from the previous year.


The company expected sales to rebound during the holiday shopping season on hopes that consumers would be snapping up its latest iPhones Nike Air Max 90 Ultra 2.0 Scontate , the 7 and 7 Plus. Apple will release its quarterly results that include the holidays later this month.


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