Apple posts Q1 revenue decline with iPhone sales down 15 percent

Apple reported revenue of $84.3 billion with $4.22 in basic earnings per share, falling largely in line with Wall Street expectations of $84 billion with an EPS of $4.17. The company’s revenue shrank 5 percent year-over-year from $88.3 billion one year ago. Apple shares popped 2 percent after-hours. While Apple’s revenue arrived closely in line with […]...