The decline came as people cut back in the face of higher living costs, said Apple's boss.
Apple warned of delayed shipments of its new iPhone 14 as Covid restrictions hit its manufacturer
Sales at the iPhone giant fell 5% in the three months to December compared with the same period in 2021.The update came as many firms warn about a sharp economic slowdown, especially in the tech sector which boomed during the pandemic.
Apple executives said they expected their services business, which includes Apple Pay and Apple News, to continue to drive growth, noting that there are now more than 2 billion active Apple devices around the world. Overall, Amazon's sales in the three month period rose 9% to $149.2bn , lifted by stronger growth in its cloud computing business.
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