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Apple posts first revenue drop in four years

Facebook parent company Meta bucks trend with better earnings than expected, as Apple sees first profit miss in seven years

The A-Team of big tech – Apple, Amazon and Alphabet – all delivered disappointing results on Thursday a day after Facebook owner Meta bucked the gloomy trend in technology, delivering better-than-expected results.

Apple shares slid more than 4% on Thursday after the company posted a disappointing first-quarter earnings report, including rare misses on revenue, profit and sales.

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