Apple reports first annual revenue decline in 15 years, iPhone sales fall for third consecutive quarter

Apple has reported revenue of $46.9 billion with a net profit of $9 billion, down 23% YoY in their earnings for the financial year Q4 2016 that ended September 24, 2016. Revenues were down 9.8% year-on-year for the  and earnings per share were $1.67. It sold 45.5 million iPhones, 9.3 million iPads, and 4.9 million Macs during … Continue reading "Apple reports first annual revenue decline in 15 years, iPhone sales fall for third consecutive quarter"

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