Apple Forecasts Third Straight Quarterly Sales Drop

The video discusses Apple's quarterly financial results, highlighting a slight beat in earnings per share and iPhone sales compared to analyst expectations. Despite this, there is a noted decline in revenue and cash position from the previous year. The gross margin slightly exceeded estimates, while iPad sales showed a minor beat. Mac sales fell short of expectations. Regional sales performance varied, with growth in some markets like Japan and India, but a decline in Greater China. The video also touches on Apple's stock performance and future market outlook.

What was the revenue reported for the third quarter?

What was the decline in revenue percentage compared to the previous year?