Despite beating Wall Street estimates for the quarter, Apple’s whole-year revenue has dropped year-over-year for the first time since 2019.
Apple posted lower annual revenue for the first time since 2019
As part of its quarterly earnings report, Apple posted annual gross revenue of $383.29 billion. This figure is down 2.8% year over year from $394.33 billion.
Apple’s full-year results drop for the first time since 2019
Apple’s full-year results drop for the first time since 2019