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.
Be respectful, keep it clean and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.