Apple Posts Quarterly Revenue Decline; iPhone Sales Solid

Apple Posts Quarterly Revenue Decline; iPhone Sales Solid
Customers shop in an Apple store in Pittsburgh on Jan. 30, 2023. Gene J. Puskar/AP Photo
The Associated Press
Updated:

Apple once again posted an, until now, rare revenue decline in its latest fiscal quarter, but said its overall business improved from the December quarter and sales of its iPhones were solid.

The results reported Thursday were better than Wall Street’s muted expectations and Apple’s stock rose in after-hours trading.