Apple posted its financial report on the last three months of 2023, which is the first quarter of its fiscal year. Total revenue and sales are down on a yearly basis as supply chain issues limited inventory. The company highlighted some of the positives in the bleak scenario - it now has 2 billion devices in active use and recorded an all-time high revenue in the Services business. The total sales for the three months ending on December 31, 2022, were $117.1 billion, while the same period twelve months ago saw $123.9 billion in sales. The net income of almost $30 billion is down 13%...
Source: https://www.gsmarena.com/apples_q4_report_iphone_sales_are_down_but_2_billion_active_devices_reached-news-57433.php
