Apple's sales are still shrinking amid weakening iPhone demand, despite the company's effort to emphasize services designed to bring in a steady flow of money from the 1.4 billion of its devices still in use.
Revenue for the January-March quarter fell 5% from the same time in 2017 to $58 billion, the company said in its earnings report Tuesday. That downturn followed a 5% drop in the previous quarter.
Time - Apple - Revenue - Declines - Years
It's the first time Apple has suffered two consecutive quarterly revenue declines in two-and-half years.
Apple still posted a profit of $11.6 billion during its latest quarter,...