Apple has reported revenue of $46.9 billion with a net profit of $9 billion, down 23% YoY in their earnings for the financial year Q4 2016 that ended September 24, 2016. Revenues were down 9.8% year-on-year for the and earnings per share were $1.67. It sold 45.5 million iPhones, 9.3 million iPads, and 4.9 million Macs during its fiscal fourth quarter of 2016. Continue reading “Apple reports first annual revenue decline in 15 years, iPhone sales fall for third consecutive quarter”