Apple (AAPL) Q1 Earnings Miss Estimates, Revenues Decline Y/Y

Apple AAPL reported first-quarter fiscal 2023 earnings of $1.88 per share, which missed the Zacks Consensus Estimate by 2.59% but beat our estimate of $1.87 per share.The reported earnings figure decreased 10.5% year over year.Net sales decreased 5.5% year over year to $1

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