Apple's annual sales fall for first time since 2001

"Apple (AAPL, Tech30) just posted its first annual sales decline since 2001, the year it launched the iPod and kicked off a tremendous run of groundbreaking products.

The tech company revealed Tuesday that annual sales fell to $216 billion in the 2016 fiscal year ending September 30, from a record $234 billion in 2015.

The sales decline is closely connected to the falling sales for the iPhone, which remains Apple's largest source of revenue"

http://money.cnn.com/2016/10/25/technology/apple-earnings-decline/index…