Apple just announced financial results for its Q4 2016, and it marks the third straight quarter of declining revenues. The company pulled in revenues of $46.9 billion, down about 9 percent from one year ago. As for its key products, each was down as well. Apple sold 45.5 million iPhones, 9.3 million iPads and 4.9 million Macs in the quarter -- that's a year-over-year decline of 5.2 percent for iPhones, 6 percent for iPads and a whopping 14 percent for the Mac. Not a huge surprise, given that Apple has only updated one single computer out of its lineup for all of 2016. (That should change on Thursday, though.)
Source: Apple
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