Apple Inc (NASDAQ:AAPL) shares fell more than 3% at the close on Thursday after the tech giant reported fiscal 1Q 2023 earnings which missed on both revenue and earnings, with record services revenue a bright spot.  For the quarter ended December 31, 2022, the company achieved revenue of $117.1 billion, below the Street's expectation of $121.1 billion and down from the $123.9 billion posted in the year-ago quarter.
Apple shares drop as 1Q earnings fall short of expectations