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Apple's dazzling 13-year surge ebbs as iPhone sales drop

Q2 revenue falls 13% to US$50.6b; tech giant's shares down as much as 8% in after-hours trading

Published Wed, Apr 27, 2016 · 09:50 PM
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FROM the iPod to the iPhone to the iPad, Apple created more than a decade's worth of new gadgets to fuel its historic growth.

But the technology company's dazzling 13-year run of quarterly revenue growth ended on Tuesday - a casualty of Apple's already immense size, weakness in key global markets like China and the lack of another hot product to pry open the wallets of customers.

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