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Apple Suffered Longest Revenue Dip In More Than Two Decades This Year, With Rival Firms Performing Better In The 12-Month Period

NewsTech

Published:

Apple's 2023 financial performance was abysmal

Apple may have crossed the $3 trillion valuation mark this year, making it the most valuable company in the world, but that does not mean the California-based firm had the most successful run in 2023 because other technology giants outperformed it by quite a fair margin. In fact, according to the latest report, Apple suffered its longest revenue slide in 22 years, with several challenges expected to make attempts at its growth in 2024. Apple reported four straight quarters of declining sales, but despite that slump, the company recorded $383 billion in total revenue for fiscal 2023 Comparing Apple’s stock […]

Read full article at https://wccftech.com/apple-suffered-longest-revenue-slump-in-more-than-two-decades/

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