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Apple Posts First Quarterly Revenue Drop Since 2016 Amid Weak iPhone Sales During Holiday Season

Apple posted its first quarterly drop in revenue since 2016, after weak iPhone sales during the recent holiday season caused by pandemic-related restrictions on its factories in China. Unlike its peers in technology, Apple hasn’t signaled any intention to resort to mass layoffs, despite the quarterly downturn.

from Gadgets 360 https://ift.tt/76xH5wc
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