Apple’s earnings top analysts’ forecasts but year on year sales drop again

Indonesia Berita Berita

Apple’s earnings top analysts’ forecasts but year on year sales drop again
Indonesia Berita Terbaru,Indonesia Berita utama

The tech giant’s share price dropped slightly after the results came out

Apple made a slightly higher profit last quarter even though sales dipped during the period – a time during which the iPhone maker became the first publicly held company in the US to be valued at $3 trillion .

The results released on Thursday covered April to June, the third consecutive quarter that Apple has posted a year-over-year decline in revenue. That is its longest stretch of declining sales in nearly seven years.

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