TechThe Information1h ago
Apple Sales Cool
TL;DRApple's revenue grew 12% last quarter, its slowest pace this year.
Why it matters: Slower iPhone/services growth signals weakening demand and potential pressure on margins ahead.
In Apple’s first earnings under new chief executive John Ternus, the company reported sales growth slowed in its fiscal fourth quarter. Total revenue for the September quarter was $114.5 billion, up from 12% from the previous year, its slowest sales growth for the year. The…
Read full articleSource: The Information · Opens in new tab