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

Stablecoins could help shift financial system from commercial lending, BoE governor says

2 Mins read
Stay informed with free updates Simply sign up to the Central banks myFT Digest — delivered directly to your inbox. Stablecoins could…
Business

US charges ex-FBI chief James Comey who investigated Donald Trump’s alleged Russia ties

3 Mins read
The US justice department has filed charges against James Comey after pressure from Donald Trump to prosecute the former FBI director who…
Business

Israeli ministers call for West Bank annexation after recognition push

3 Mins read
Stay informed with free updates Simply sign up to the Middle Eastern politics & society myFT Digest — delivered directly to your…
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Your email address will not be published.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 *