Apple posts first quarterly revenue drop in a decade

Waning sales of the iPhone have seen Apple post its first quarterly revenue drop in more than a decade.

The technology giant reported quarterly sales of US$50.5 billion down from $58 billion last year – the first fall in sales for the company since 2003.

Apple sold 51.2 million iPhones during the quarter, down from 61.2 million in the same quarter of 2015.

China was a particular weak spot, where sales there fell 26%.

Read More News

in Malaysia by

HLB unveils Kitty galore

Hello Kitty fans have more to bank on with the release of the limited winter edition Hello Kitty Debit Card, backed by live appear..


Leave a Reply

You must be logged in to post a comment.