Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow
Inside Retail
AUGUST 1, 2023
per cent drop in total quarterly revenue, according to Refinitiv – its steepest drop in third-quarter revenue since 2016. Sales from China – Apple’s third-largest market – are expected to be flat due to an uneven economic recovery, though the company has fared better than Android rivals in the country.
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