iPhone is the star of the show as Mac, iPad ‘suffer’ for Apple

Apple reported quarterly revenue of $89.1 billion, beating estimates, with the iPhone generating $43.8 billion in revenue. However, iPhone revenue for the entire year declined from $205.5 billion in 2022 to $200.6 billion in 2023. Mac sales experienced a significant decline, with revenue falling 34% to $7.6 billion in the quarter and $29.4 billion for the year. iPad revenue also decreased, reaching $6.4 billion in the quarter and $28.3 billion for the year, as no new models were introduced in 2023.