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Apple is slogging toward a mediocre milestone not seen in 22 years

Por: MarketWatch Business August 04, 2023

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Apple’s fiscal third-quarter results Thursday showed that the macroeconomy continues to affect consumer spending — and sales of iPhones, Macs and iPads aren’t immune. Even though the company recorded a surprise revenue increase in China, overall iPhone sales fell more than 2% to $39.7 billion, and total revenue was off 1%. The star of Apple’s business was its services segment, which includes many elements of recurring revenue. Services... + full article



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Apple is slogging toward a mediocre milestone not seen in 22 years

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