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Re:Apple Reports Record First Quarter Results by yig on Tuesday January 31, 2017 @10:10PM (#13537866)
It was a 14 week quarter rather than the typical 13 week quarter. Multiply all the numbers by 13/14 and you'll see it was a year over year decline.
Re:Apple Reports Record First Quarter Results by retromario on Wednesday February 01, 2017 @09:41AM (#13541017)
From CFO Maestri on the Q&A call with analysts: "2:15 pm: We had the benefit of a 14th week, but this was offset by several factors including less channel fill than last year and a one-time $548 million patent judgment receipt last year."

http://www.macrumors.com/2017/01/31/q1-2017-results/

Re:Apple Reports Record First Quarter Results by toyg on Wednesday February 01, 2017 @12:43PM (#13542932)
Channel fill is fairly irrelevant (whose fault is it that your distributors don't want more of your stuff "just in case"?) and the cash is also fairly irrelevant - what matters for momentum is the number of units shifted and that's lagging everywhere except iPhones (and, if you trust them, the Watch).
Re:Apple Reports Record First Quarter Results by alanfalcon on Wednesday February 01, 2017 @12:56AM (#13538626)
Except you're adding a weak week, not a week that's expected to compete on an even basis with a typical holiday-quarter week, so that math isn't exactly telling/accurate either.
Re:Apple Reports Record First Quarter Results by qqrsmith on Tuesday January 31, 2017 @11:21PM (#13538207)
Interesting. Thanks for pointing that out.

> For accounting purposes, a firm is allowed to define a "quarter" as either a span of 3 months or else a span of 13 weeks. A "year" is then four quarters. ... Consequently, a firm that defines its quarters in terms of weeks needs to hold a 14-week quarter every four or five years. [1]

[1] http://www.slate.com/blogs/moneybox/2014/02/06/_14_week_quar...