The tech company's second-quarter revenue came in at
The better than expected revenue came from increased iPhone sales, which rose to
"It was quite a good quarter from an iPhone point of view, particularly relative to the market when you look at the market stats," Cook told CNBC.
While sales declined in most regions, they did grow in the
The company's Mac business fell more than 31 percent and revenue from iPads declined 13 percent. Its wearables, home and accessories category remained essentially flat, with sales of
"I view that as a last resort and, so, mass layoffs is not something that we're talking about at this moment," Cook said.
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