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Apple on Thursday posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone during the holiday season. It marks Apple’s first year-over-year decrease in quarterly revenue since the January-March period in 2019 when sales also slipped 5% amid slowing iPhone demand and the fallout of a trade war with China that was being waged by then-President Donald Trump. Apple’s profit also eroded during the...

<div class="at-above-post addthis_tool" data-url="http://www.metro.us/apple-suffers-1st-quarterly-sales-decline-in-nearly-4-years/"></div>Apple on Thursday posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone during the holiday season. The company’s sales of $117 billion for the October-December period represented a 5% decline from the same time in the prev...

Apple on Thursday posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales

CEO says supply headaches are over.

Apple has posted its first quarterly revenue drop in nearly four years

Apple has posted its first quarterly revenue drop in nearly four years

Apple has posted its first quarterly revenue drop in nearly four years