Announces Decline in Revenue by 15 Percent
Apple has announced the financial results for its fiscal year 2019 first quarter ended December 29, 2018. The Company posted quarterly revenue of $84.3 billion, a decline of 5 percent from the year-ago quarter, and quarterly earnings per diluted share of $4.18, up 7.5 percent. Revenue from iPhone declined 15 percent from the previous year, while total revenue from all other products and services grew 19 percent.
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