Apple posts record quarter but iPhone sales slow

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Apple sold a record 74.8 million iPhones in the three months up to 26th December, helping the company to pocket profits of $18.4 billion - but it also forecast its first revenue drop in 13 years for the current quarter.

Apple predicting March quarter revenue will be down. That hasn't happened since before the iPod.

Joe Cox
Joe Cox

Joe is Content Director for Specialist Tech at Future and was previously the Global Editor-in-Chief of What Hi-Fi?. He has worked on What Hi-Fi? across print and online for more than 15 years, writing news, reviews and features. He has covered product launch events across the world, from Apple to Technics, Sony and Samsung, reported from CES, the Bristol Show and Munich High End for many years, and provided comment for sites such as the BBC and the Guardian. In his spare time he enjoys mixing vinyl and cycling.