Apple see decrease in profits for first time in 10 years

22 April 2013, 15:21 | Written by Luke Morgan Britton

(News)

Tech and music giants, Apple are expected to announce their quarterly sale figures tomorrow – with experts predicting a drop in growth.

As Music Week point out, it’s expected that the company will reveal their first dip in profits increase since 2003 (when the iTunes store opened). Figures look set to show a 20% slide in profits compared to the same period last year.

This is not to mean things aren’t still looking rosy, however, as total profits are still around the $9.5 billion mark.

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