Apple Quarterly Revenue Dips 5%, Missing Wall Street Forecasts, as Services Biz Posts Record Sales of $20.8 Billion

Apple Quarterly Revenue Dips 5%, Missing Wall Street Forecasts, as Services Biz Posts Record Sales of $20.8 Billion

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Apple revenue declined 5% in the year-end 2022 quarter amid iPhone manufacturing disruptions and fell short of Wall Street’s earnings estimates for the critical holiday-shopping period. Meanwhile, Apple’s Services segment turned in revenue of $20.8 billion — a quarterly record — but its growth…

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