Salem Radio Network News Monday, May 29, 2023


Apple posts quarterly revenue decline; iPhone sales solid


( ) -q-19- UNDATED (Correspondent Jeremy House) “a year earlier.”

Apple has once again posted an, until now, rare revenue decline in its latest fiscal quarter.

[CutID: <Cuts> APPLE-REVENUE-house-q-FRIam.mp3
Time: 19s
Title: APPLE-REVENUE-house-q-FRIam
Out-cue: a year earlier]

TAG: Correspondent Jeremy House reporting. The latest numbers come after the Cupertino, California, company in February posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on its China factories curtailed sales of the latest iPhone during the holiday season.

VERBATIM: Despite the decline, the tech giant says its overall business improved from the October-to-December quarter and sales of its iPhones were solid. The company earned $24.16 billion in the three-month period that ended April 1. That’s down slightly from $25.01 billion a year earlier.

Editorial Cartoons

View More »

Michael Ramirez
Fri, May 26, 2023