Apple reported a 4 percent decline in sales to $90.8 billion for the quarter ending in March, with iPhone, iPad, and Apple Watch revenues dropping. Profit also fell 2 percent, marking Apple's first quarterly decline in a year.
Apple's struggles were heightened in China, with an 8 percent drop in sales mainly due to competition from Huawei's 5G smartphones. This led to a 4 percent decrease in Apple's share of smartphones sold in China.
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