Watch this:
Apple reports decline in iPhone sales
1:53
Apple made $42.4 billion in revenue with net income at $7.8 billion in its fiscal third quarter. That sounds like lots and lots of money, right? Apple beat analysts' estimates with its quarterly earnings report. However, the iPhone is in a slump. Sales are below those of a year ago at the same time.
Subscribe: CNET Update delivers the biggest tech news of the day, breaking down trends, hot devices, new apps and what's ahead. Subscribe to the podcast via the links below.
iTunes (HD) | iTunes (SD) | iTunes (HQ) | iTunes (MP3)
RSS (HD) | RSS (SD) | RSS (HQ)| RSS (MP3)
Download the audio version of today's Update.
Discuss: Apple iPhone sales down again