Market tracker IDC estimates that Apple’s iPhone shipments slid a worse-than-projected nearly 10% in the quarter ended in March, reported Bloomberg’s Vlad Savov. The company shipped 50.1M iPhones in the first three months of the year, falling shy of the 51.7M average analyst estimate compiled by Bloomberg and its 9.6% year-on-year drop is the steepest since Covid lockdowns snarled supply chains in 2022, the report noted.
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