Apple Likely to Report 4 Percent Drop in Quarterly Revenue Despite Recovery in China

Apple Likely to Report 4 Percent Drop in Quarterly Revenue Despite Recovery in China

Apple will likely report a more than 4 percent drop in revenue, its second straight quarterly decline, weighed down by consumers shunning non-essential purchases such as iPhones and Mac computers and slowing growth at its services business. The results on Thursday from the world’s most valuable company will follow better-than-expected…