Apple posts quarterly revenue of $90.8 billion in first three months of 2024

Apple has posted a quarterly revenue of $90.8 billion in the first three months of the year, down 4 per cent year-over-year as the iPhone maker faces an uncertain economic environment in China. The company highlighted strong performance in India, despite a 10% decline in iPhone sales. Executives emphasized growth in emerging markets and expressed optimism about the future, citing new AI features and an upcoming press event.

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