Apple’s first reported revenue drop in four years adds to tech woes with Google also reporting a decline in sales

Apple’s first reported revenue drop in four years adds to tech woes with Google also reporting a decline in sales

City A.M.

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Apple posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone . The company’s sales of $117bn (£96bn) between October and December period were down five per cent on the same quarter the previous year, a deeper downturn than analysts had projected. [...]

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