Apple is expected to report that sales declined for a second straight quarter as demand has waned for some of its products after reaching record levels during the pandemic.
The tech giant’s revenue for the three months ended in March is projected by analysts to be $92.9 billion, according to FactSet, down more than 4% from the year-earlier period. Net income is expected to drop nearly 10% year-over-year to $22.6 billion when Apple reports its fiscal second-quarter earnings after markets close Thursday.
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