iPhone crashes: Apple sales fall for first time in 13 years

Apple revenue figures have dropped worldwide for the first time in 13 years suggesting the iPhone may have finally reached its peak.

New figures released show that in the last sales quarter, purchases of the iPhone have dropped by 13 percent.

Apple says it sold 51.2 million iPhones in its second fiscal quarter which is10 million less than the same time last year.

The results taken from the past three months are a considerable fall since the last quarter in which Apple made a profit of $18.4 billion.

Shares in Apple are also down by 5 percent.