Apple is selling about 10 million iPhones a week on its platform, down from 15 million a week previously, according to the company’s website.
The company also said it expects sales of its third-quarter iPhone to be flat compared to the previous quarter.
Shares of Apple closed up nearly 8% at $143.59.
AMC shares were trading at $10,979 a share on Friday, up $6.30 to $10 a share.
The stock is trading at an average of $11,071.46 in the first quarter of 2017.
AMC has seen an average annual growth rate of nearly 6% over the last 12 months.
The stock’s annual revenue grew by 22% in the quarter, and it has raised $7.4 billion in venture capital funding.
Its stock price has been on a tear since it was launched in 2008 and the stock’s market cap has skyrocketed.
It is currently worth more than $60 billion.
Read more on the Amex Corporation: How I got into the AmEx stock market
The leaders of the G7 countries met in Luxembourg to try and agree a new trade deal after months of bitter division.
The summit of leaders from Canada, the United Kingdom, Germany, France, Italy, Japan and Australia was held in a joint hotel room, with no cameras or reporters.
It’s not yet clear whether they agreed on a framework that would end a protracted and sometimes bitter dispute between Britain and Ireland over how to manage the border.
The EU and Ireland agreed to a framework last month that included measures to ease the flow of migrants, but it has yet to be ratified by member states.
Theresa May and Donald Tusk met on Sunday to begin a three-day summit, which will last until Monday.
It will also focus on the fallout from the Paris terror attacks, which saw a total of 130 people killed.
Both sides are expected to talk about Brexit and the Brexit talks.
May said last week that she would hold talks with the EU’s other 27 leaders over a deal on the future of EU citizens living in Britain, in return for their backing for the two-year Article 50 withdrawal process.
A British government spokesman said last night that ministers would not discuss the details of the talks but would make their position clear in the days ahead.
The Irish Government said on Monday it would meet with the European Commission to discuss the Brexit process.
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