Apple Has First Earnings Decline in More Than a Decade

Slowing iPhone sales took a bite out of Apple's impressive growth streak, with the company announcing today its first-ever decline in revenue in the past 13 years.
0:23 | 04/27/16

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Transcript for Apple Has First Earnings Decline in More Than a Decade
Something iPhone sales could make this a rough. Day for apple shares the company just reported its first drop in quarterly revenue in thirteen years. The drop is blamed blamed on slowing iPhone sales during the first three months of the year. Apple's also predicting another revenue drop for the current quarter analysts think things will improve bell in the fall when the next generation iPhone is expected.

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