A tale of two segments: Apple’s software and hardware results in the fourth quarter
Friday, November 3, 2023 at 1:22AM
Apple
Apple’s latest quarterly earnings report shows a contrast between software and hardware performance. The company announced a new record for its services revenue in its fiscal fourth quarter, as well as a record for iPhone revenue in the September quarter. However, this was not enough to prevent a 1 percent year-over-year decline in overall revenue, which was $89.5 billion. This is the fourth quarter in a row that Apple has seen a drop in revenue.






















