BUSINESS
Apple reports slowing iPhone sales
By Jordi Bou
January 27, 2016 - Apple has reported the slowest growth in iPhone sales since 2007 and warns sales will fall for the first time later this year. The company sold 74.8 million iPhones in its fiscal first quarter, compared with 74.5 million a year ago, but it said revenue for the next quarter will decline for the first time in 13 years, signaling an end to its recent period of hypergrowth.