Apple CEO Tim Cook and CFO Luca Maestri on Tuesday spoke with analysts during the company’s Q3 2016 earnings call. The call detailed a relatively mundane quarter in which the company saw its revenues fall year over year as predicted. This quarterly report is the second consecutive quarter in which Apple reported a year-over-year decline in both quarterly revenue and iPhone sales. Read for the highlights from the conference call which includes details on the revenue decline in China, the growth of Apple Pay and more.

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