Apple profits fall for first time in decade
Apple has reported its first quarterly drop in profits in a decade, but said it will raise dividends for shareholders.
The computer and smartphone maker made a net profit of $9.5bn (£6.2bn) in the January to March quarter, down from $11.6bn (£7.6bn) last year.
But the results were better than many had expected, as strong iPhone and iPad sales boosted revenues to $43.6bn (£28.6).
Samira Hussain reports.
23 Apr 2013
- From the section Business