Apple sales lose ground, but iPhone growth strong

San Francisco (AFP) Nov 2, 2023

Apple on Thursday reported that sales fell for the fourth consecutive quarter when compared to the prior year, but profit rose on the back iPhones and services. The tech giant said it made a profit of $23 billion on revenue of $89.5 billion, which was down slightly from the same period last year. Apple chief executive Tim Cook said iPhone sales set a new record for its September quarter