Apple reports largest annual quarterly revenue dip since 2016

Apple's big moneymaker, the iPhone, saw revenue dip to $65.8 billion in Q4 compared to $71.6 billion during the same period a year earlier. The Mac category brought in $7.7 billion, down from $10.9 billion year over year, and the wearables / home / accessories category fell to $13.5 billion from $14.7 billion.