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With iPhone sales and profits sliding, Apple on Tuesday sought to highlight its growth in services as it seeks to reduce dependence on its main cash driver. In its quarterly update, Apple said profits slumped 27 percent from a year ago to $7.8 billion on a sharp drop in iPhone sales. Apple sold 40.4 million iPhones in the quarter ending June 25, down 15 percent from a year earlier, highlighting concerns over growth for the company's iconic smartphone.
By Lesley Wroughton and Stephanie Nebehay VIENTIANE/GENEVA (Reuters) - The United States said on Tuesday it hoped to announce in early August details of planned military cooperation and intelligence sharing with Russia on Syria, and a United Nations envoy said he would also aim to resume peace talks next month. U.S. Secretary of State John Kerry said Washington and Moscow, which support opposing sides in Syria's five-year-old conflict, had made progress in recent days towards working more closely together. The proposals would have the two powers share intelligence to coordinate air strikes against the al Qaeda-affiliated Nusra Front and prohibit the Syrian air force from attacking rebel groups labeled as moderate.
BIG SUR, Calif. (AP) — California's signature parks along the Big Sur coastline that draw thousands of daily visitors were closed Tuesday as one of the state's two major wildfires threatened the scenic region at the height of the summer tourism season.