03-05-2024 13:32 via retailgazette.co.uk

Apple profits dip as iPhone sales weaken

Apple has reported a dip in second quarter profits and sales as demand for its iPhone models weakens across almost all of its markets worldwide.
Profits for the technology retailer slipped 2% to £18.82bn ($23.6bn) in the three months to 30 March, down from £19.2bn ($24.2bn).
Sales dropped 4% to £72.5bn ($90.7bn), making it the steepest decline in over a year, with only Europe recording postive growth.Subscribe to Retail Gazette for free
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