Apple reports Q1 revenue down 5% YoY to $117.2B, net income down 13% YoY to $30B, its largest quarterly revenue decline since 2016 (Apple)

Apple:
Apple reports Q1 revenue down 5% YoY to $117.2B, net income down 13% YoY to $30B, its largest quarterly revenue decline since 2016  —  Installed base crosses 2 billion active devices and hits all-time high for all major product …

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YouTube’s ad revenue dropped 7.8% YoY from $8.63B to $7.96B in Q4, below analyst estimates of $8.2B (Todd Spangler/Variety)

Todd Spangler / Variety:
YouTube’s ad revenue dropped 7.8% YoY from $8.63B to $7.96B in Q4, below analyst estimates of $8.2B  —  Alphabet, parent company of Google and YouTube, turned in fourth-quarter 2022 earnings that missed analys…

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