Apple’s share price has fallen 3% today after Apple posted its first quarterly profit in nearly two years.
Apple shares closed at $157.86 on Wednesday, down 3% from their all-time high on March 24, 2016, when Apple posted a $10.8 billion profit.
Apple’s revenue fell by $3.9 billion in the quarter, but the company’s profit margin was only 1.9%.
Apple’s stock fell 7% in premarket trading on Wednesday.