Business

Apple’s slower device sales continue to weigh on earnings

1 Mins read

Apple on Thursday posted its fourth consecutive quarter of year-over-year sales declines as the iPhone maker continues to struggle with slower device sales amid an uncertain economic environment.

The company reported $89.5 billion in sales for the three months ended September 30, down 1% from the same period in the prior year and essentially in line with the $84.3 billion Wall Street analysts had expected.

Apple (AAPL) shares fell more than 1% in after-hours trading following the report.

Read the full article here

Related posts
Business

US reaches agreement to end prosecution of Turkey’s Halkbank

1 Mins read
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world…
Business

Donald Trump calls for more US military action in Latin America

3 Mins read
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world…
Business

Tech stocks slide as AI spending fears return

2 Mins read
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. US tech…
Get The Latest News

Subscribe to get the top fintech and
finance news and updates.

Leave a Reply

Your email address will not be published. Required fields are marked *