Apple’s sales drop slightly while profit is up 11%

Apple reported a 1% decline in sales for the three months ending in September, marking the end of a fiscal year with sales declines in every quarter. While iPhone sales increased 3%, sales for other products such as Mac, iPad, Apple Watch, and AirPods declined. The company's shares have also declined, and it faces challenges such as a slowdown in smartphone purchases in the US and increased competition in China. Apple is now focusing on its upcoming release of high-tech goggles and reviving sales of iPads and Macs.

from Times of India https://ift.tt/FgsUfRn