Apple reports Q1 revenue down 5% YoY to $117.2B, net income down 13% YoY to $30B, its largest quarterly revenue decline since 2016 (Apple)

Apple:
Apple reports Q1 revenue down 5% YoY to $117.2B, net income down 13% YoY to $30B, its largest quarterly revenue decline since 2016  —  Installed base crosses 2 billion active devices and hits all-time high for all major product categories  —  Services set new all-time revenue record