Apple revenues fall - but not by as much as expected

Investors cheered by better-than-expected results and stock buyback

John Leonard
clock • 2 min read
Apple revenues fall - but not by as much as expected
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Apple revenues fall - but not by as much as expected

Apple reported a 4% year-on-year drop in revenue to $90.8 billion for the quarter ending 30th March, beating analyst expectations of $90.1 billion.

The tech giant's earnings report also revealed a decline in iPhone sales at $45.96 billion, a drop of 10% from the same time period last year, against Wall Street estimations of $46 billion. Des...

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