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Apple Sales Are Expected to Show First Decline in Nearly Four Years

February 2, 2023


Apple Inc.’s AAPL 2.78%increase; green up pointing triangle three-year streak of pandemic-induced sales and profit records might be coming to an end.

The iPhone maker, which is scheduled to report its December quarter after markets close on Thursday, is expected to announce its first revenue decline in nearly four years as manufacturing disruptions in China curbed its ability to deliver premium iPhones.

Apple’s sales are expected to fall 2% to $121.42 billion, according to FactSet.

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