UPDATE 2-Apples lower iPhone sales drive first profit miss since 2016 (Yahoo! Finance: Company News)

Yahoo! Finance: Company News
UPDATE 2-Apples lower iPhone sales drive first profit miss since 2016 – Apple Inc on Thursday reported sales and profits that missed Wall Street expectations driven by weak iPhone sales after COVID lockdowns in China disrupted production of the companys biggest seller. Shares of Apple fell 4% after publication of the results. Apple sales fell 5% to $117.2 billion and were down …

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