Apple ended a three-year streak of sales growth, while Amazon and Google earnings also struggled to shake off a postpandemic hangover WSJWhatsNow
Quarterly revenue fell at Apple for the first time in nearly four years; Amazon, Google earnings also disappoint investors
Apple is facing an uphill battle as it plans to shift its production out of China. Here’s why it’s difficult to replicate Foxconn’s ‘iPhone City’ in Zhengzhou and the company’s finely tuned ecosystem in countries such as India and Vietnam. Photo: Karen Dias/Bloomberg Newsthat ended its three-year streak of sales and profit records, capping an earnings season in which the world’s biggest technology companies mostly struggled to shake off a postpandemic hangover.
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