Apple Faces Longest Sales Slowdown in Decades

The video discusses Apple's recent performance, highlighting a decline in sales for three consecutive quarters, a trend not seen since 2016. The fourth quarter is also expected to show a decline. However, the outlook for 2024 is optimistic due to easier growth comparisons and improved iPhone production. The video also examines Apple's services business, which continues to set records despite a lack of new initiatives, indicating potential for future growth.

What trend has Apple experienced in its financial performance over the past three quarters?

• Fluctuating annual revenue

• Stable annual revenue

• A decline in annual revenue

• An increase in annual revenue

What event last year affected Apple's iPhone 14 Pro production?

• A global chip shortage

• COVID-19 lockdowns in China

• A major supplier bankruptcy

• A natural disaster in Taiwan

Why is the upcoming holiday quarter expected to be favorable for Apple?

• Increased marketing efforts

• Improved customer service

• Easier growth comparisons

• New product launches

How has Apple's services business performed despite a lack of new initiatives?

• It has set quarterly records

• It has declined significantly

• It has struggled to maintain growth

• It has remained stagnant

What could potentially enhance the growth of Apple's services business in the future?

• Partnerships with other tech companies

• Higher subscription fees

• New types of services

• Increased advertising