Apple Reports Decline in Sales and Profit Amid iPhone Struggles in China

Apple Reports Decline in Sales and Profit Amid iPhone Struggles in China

The New York Times-Tech·2024-05-03 06:02

Difficulties have been piling up for Apple. In recent months, it has been sued by the Justice Department, fined by European regulators and challenged by the resurgence of a Chinese smartphone competitor.

On Thursday, the company added to its list of problems, reporting that its business was in a slump.

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