Apple suffers full year of declining revenues for first time since 2019

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Apple suffers full year of declining revenues for first time since 2019
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Apple CEO Tim Cook said, ‘We continue to face an uncertain macroeconomic environment’.

Apple’s sales remained on a downward slope during the summer, resulting in a full year of declining revenue at the technology trendsetter.

Although this past fiscal year’s revenue only dipped by 3% from the previous fiscal year, it was still a noteworthy anomaly in a business that has been so successful that Apple became the first US company to be valued at 3.0 trillion US dollars earlier this year.Tim Cook said the company faced an ‘uncertain environment’

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