There’s been a mixed response from the markets to technology giant Apple’s third quarter results.<br /><br /> The company said on Tuesday it had sold 47.5 million iPhones, that’s up 35 percent on last year. And profits rose by 38 percent to $10.7bn ( that’s 9.7 bn euros)<br /><br /> But even though sales are soaring due to spectacular results in China some analysts had been expecting around 49 million.<br /><br /> Together with disappointment about the company’s revenue forecasts for the fourth quarter , it meant shares fell 6.7 percent in after-market trading in New York.<br /><br /> Analysts say the results highlight the vulnerability of Apple’s dependence on the iPhone and the Chinese market.<br /><br /> However, satisfaction was expressed with initial sales of the company’s first piece of wearable technology the Apple Watch.
