Apple's iPhone sales fall 17% from prior year

At one time, the staggering success of the iPhone helped catapult Apple to become the world's most valuable company. Now, its lackluster smartphone sales are dragging down Apple's business. Apple (AAPL) said Tuesday that its revenue for the first three months of 2019 declined 5% from the year prior to $58 billion as it grappled with sluggish smartphone demand. iPhone sales for the period fell 17% from the year prior.
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