Apple has just announced its quarterly earnings for Q2 2016 which encompasses January through March of this year. Announced during its customary quarterly earnings call, the results saw Apple's earnings reach $50.6 billion with a quarterly net profit of $10.5 billion. Those results are down on the same period last year which saw $58 billion in revenue, and $13.6 billion in profit. The drop in revenue means this is the first ever quarterly drop in revenue for Apple in last 13 years.
