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Home » Apple’s slower device sales continue to weigh on earnings
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Apple’s slower device sales continue to weigh on earnings

Press RoomBy Press RoomNovember 2, 2023
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Apple on Thursday posted its fourth consecutive quarter of year-over-year sales declines as the iPhone maker continues to struggle with slower device sales amid an uncertain economic environment.

The company reported $89.5 billion in sales for the three months ended September 30, down 1% from the same period in the prior year and essentially in line with the $84.3 billion Wall Street analysts had expected.

Apple (AAPL) shares fell more than 1% in after-hours trading following the report.

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