In this episode Scott Becker shares 4 quick notes on Apple:
Sales declined 5% in the 1st quarter of 2023 to $117 billion from $124 billion.
Profits fell to $30 billion from $34.6 billion.
The biggest categories of revenues are iPhone - 56.1%, Services - 17.7% and Wearables - 11.59%. iPads are next.
Apple stock rose Friday on a solid profits picture. The stock is down nearly 11% over the last year.