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Apple iPhone Sales Decline First Time In 13 Years

The Verge, Ben Popper

Don’t say they didn’t warn you. Apple posted a year-over-year decline in revenue today, the first time the company’s failed to grow its business in 13 years. It brought in $50.6 billion in revenue for the second quarter of 2016, and $10.5 billion in profits. That compares with $58 billion in revenue and $13.6 billion in profits during this period last year, a drop of 13 percent for the revenue.

It had to happen some day. So it’s no surprise but Apple should start thinking of the next BIG thing.

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