Apple’s waning smartphone sales end 51-quarter growth streak

Apple's data centers are powered 100 percent by renewable energy, and for Apple Stores, that number is 97 percent. (Photo courtesy Apple/TNS)

SAN FRANCISCO: Apple Inc’s streak of 51 consecutive quarters of uninterrupted sales growth is over – and its expansion may not resume until late this year.

A boom in demand for smartphones, music players and other electronic devices propelled Apple’s annual revenue by US$227 billion in the 13 years since the last quarterly drop, resulting in a skyrocketing stock price that made Apple the world’s most valuable company.