Apple sales in biggest fall since 2019

Apple sales in biggest fall since 2019

By Naveel Krishant
Saturday 04/02/2023
Photo:BBC

Apple sales dropped at the end of 2022 as shoppers squeezed by the rising cost of living cut back their purchases.

Sales at the iPhone giant fell 5% in the three months to December compared with the same period in 2021.

It was the biggest decline since 2019 and worse than expected.

The update came as many firms warn about a sharp economic slowdown, especially in the tech sector which boomed during the pandemic.

Source: BBC

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