Apple’s incredible growth streak is officially over
Apple’s decade-plus-long growth streak is officially over. And the company says it will be at least a few more months before it picks up again.
Apple reported today that its second-quarter revenue fell to $50.6 billion, down 13 percent from the same period last year. That marks Apple’s first year-over-year revenue decline since 2003, after an incredible growth period that started at less than $2 billion in quarterly revenue.