Apple reports Q2 earnings: Revenue drops, iPhone sales sink for first time ever – but how bad was it?

$%name Apple reports Q2 earnings: Revenue drops, iPhone sales sink for first time ever but how bad was it? by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley$

Apple’s second-quarter earnings report for fiscal 2016 is historic for all the wrong reasons. The iPhone has driven growth at a breakneck pace for nearly a decade now, and has helped Apple consistently post on-year sales and profit growth in every quarter. But in the March quarter this year, Apple’s revenue declined for the first time in 13 years as the pillar on which Apple has stood since 2007 finally began to crack. For the first time ever, Apple’s iPhone sales declined, dropping significantly in fiscal Q2 2016 compared to the same period a year ago.

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