Apple’s Q1 Reflects iPhone Troubles Amidst Healthy Growth from Other Segments

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Apple’s Q1 Reflects iPhone Troubles Amidst Healthy Growth from Other Segments

Except for iPhone sales, Apple’s fiscal first quarter financial results reflect positive trends for the company. Apple’s total revenue, $84.3 billion, was down 5 percent from the prior year’s quarter. iPhone revenue drove the decline, down 15 percent from the prior year’s quarter, while all other segments grew.

Except for iPhone sales, Apple’s fiscal first quarter financial results reflect positive trends for the company. Apple’s total revenue, $84.3 billion, was down 5 percent from the prior year’s quarter. iPhone revenue drove the decline, down 15 percent from the prior year’s quarter, while all other segments grew.

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