Apple Reports First Year-Over-Year Earnings Drop Since 2019

MacStories
By John VoorheesFeb 2, 2023, 4:52 pm297 pts
The past quarter has not been kind to Apple. Today the company announced its first revenue drop since 2019 with total revenue of $117.2 billion, a 5% year-over-year drop. Going into today’s earnings call, the consensus of Wall Street analysts was that Apple would log $121.19 billion of revenue or $1.94/share.…

Read Article Share
Share Article
- email
- x.com
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on MacHash

Apple says it is still on track to launch new Siri this year, as promised 284

Apple study looks into how people expect to interact with AI agents 279

Apple Music subscribers may soon be able to generate AI playlists 278

Apple wins long-running court battle against Optis over 4G patents in the US 271

Apple Launching New 'Sales Coach' App 269

Apple pushes back on reports of another Siri delay 266

Leaked iPhone 17e renders show a surprise Dynamic Island 237

iOS 26.3 adds unique new privacy feature, and it’s Apple at its best 235

About MacHash

MacHash is your real-time Apple news aggregator, delivering the latest headlines on Apple, Mac, iPhone, iPad, and iOS from top sources across the web.

As a powerful content discovery platform, MacHash continuously curates breaking news, product announcements, software updates, reviews, and industry insights related to Apple Inc. and its ecosystem.

MacHash helps you stay informed on everything from macOS and iOS developments to Apple Watch, AirPods, and the latest in tech and app innovation.

Access MacHash from your desktop or mobile device to explore, follow, and share the most trusted Apple news all in one place.