Apple Inc.'s Mac Business Gets Its Groove Back
During Apple's (NASDAQ: AAPL) fiscal year 2016, the company saw its Mac personal computer business plunge. Unit shipments dropped 10% with revenue dropping similarly. Apple seemed to blame this decline on the state of the overall personal computer market, claiming that the Mac unit shipment decline was at a rate "similar to the overall [personal computer] market."
Apple also added that the "effect of weakness in most foreign currencies relative to the U.S. dollar" hurt its Mac revenue.
Image source: Apple.
Source: Fool.com
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