Apple suffers full year of declining revenues for first time since 2019

Apple has suffered a full year of falling revenues (AP Photo/Brittany Peterson)

Apple’s sales remained on a downward slope during the summer, resulting in a full year of declining revenue at the technology trendsetter.

The slight sales deterioration announced on Thursday for the July-September period marked the end of Apple’s fiscal year – a stretch that saw the company suffer a revenue decrease from the prior year in each quarter.