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Apple suffers longest revenue decline in 22 years
short by Hiral Goyal / on Friday, 3 November, 2023
Apple's revenue declined for a fourth straight quarter marking the longest slowdown since 2001. The iPhone maker's revenue fell to $89.5 billion in the fourth quarter ended September 30. This comes amid weak demand for iPads and wearables and revenue decline in China in the fourth quarter. Meanwhile, CEO Tim Cook said iPhone 15 is doing better than iPhone 14.
read more at CNBC-TV18