Holy blooming shit . Apple made a blinking ton of money this fourth part . Apple is reporting arecord - setting quarterly revenue of $ 75.9 billionsurpassing the the $ 74.6 billion it reported a year ago .
Despite the record - plant tax income , Apple executives are n’t celebrating . That ’s because Apple also report iPhone revenue willdecline at its exorbitant rate in 15 years . The loss marks an end to more than a decade of accelerated growth and a cultural phenomenon created by the tech giant .
Apple says that it expects to see taxation of$50 billion to $ 53 billion , which is significantly below the $ 55.47 billion that analysts were augur . If those numbers are true , it would be the worst year - over - year quarterly decline at Apple since 2001 .
So , although Apple is still the most worthful companionship in the world ( for now ) , it ’s secure to say thatiPhone cut-rate sale might not look so good in the future tense .
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