Apple Inc. (NASDAQ:AAPL) could report a fall in revenue and earnings per share (EPS) in the March 2024 quarter due to declining iPhone sales in China. This would be Apple’s first revenue decline in a decade. What Happened: An analyst at Loop Capital, Ananda Baruah, has revised his estimates for Apple’s earnings, foreseeing a potential drop in the company’s overall revenue and EPS for the first time since 2016, reported Barron’s. Baruah’s projections for the March and June quarters suggest that Apple’s earnings might not meet Wall Street’s expectations. He reduced his target price for the Apple…
