Apple reports iPhone sales down, 1st revenue drop since 2003

SAN FRANCISCO (AP) — Apple sold more than 51 million iPhones in the first three months of this year — and that’s the problem.
That’s 10 million fewer iPhones than the tech giant sold during the same quarter a year ago. As a result, Apple on Tuesday reported its first drop in quarterly revenue in 13 years — and the first-ever year-over-year decline in iPhone sales.
The slide is putting more pressure on Apple and CEO Tim Cook to come up with its next big product.
Cook