Apple’s eked out a slightly higher profit last quarter even though sales dipped during the period, a showing that may not be enough to sustain investor enthusiasm that recently made the iPhone maker the first publicly held U.S. company to be valued at $3 trillion.
The results released Thursday covered April through June, the third consecutive quarter that the Cupertino, California, company has posted a year-over-year decline in revenue. That’s its longest stretch of falling sales in nearly seven years.
