Apple made nineteen percent less profit this quarter compared to the same quarter last year. I’m not sure how any company can get by on only $9 billion and a profit margin of almost forty percent but, I guess all we can do now is pray that things turn around for Apple.

Apple made $9 billion in profit and $46.9 billion in revenue, compared to $11.1 billion in profit and $51.5 billion in revenue in Q4 of 2015. Its gross margin was 39.4 percent. These results beat Apple’s guidance for the quarter, which predicted revenue between $45.5 billion and $45.7 billion and a profit margin between 37.5 and 38 percent.

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Source: [H]ardOCP – Apple Is 19% Less Profitable In Q4 Of 2016 Than In Q4 Of 2015