After the last few years of nonstop growth, Apple reported revenue of $117.2 billion for its first fiscal quarter, which is five percent down year over year, marking the first time Apple's revenue has dipped since 2019. That said, the company set a revenue record of $20.8 billion in its Services business and hit over two billion active devices globally. CEO Tim Cook said three things hit revenue: the "challenging macroeconomic environment," foreign exchange issues and COVID-related supply constraints that led to delays in the ship times of iPhone 14 Pro and Pro Max models. Anecdotally, we've heard from several people that ended up canceling iPhone orders over lengthy delays. It reflects a slowdown across most of the tech industry, with a mixture of lower revenues, decreased profits and general growth slowdown across Meta, Microsoft and Google owner Alphabet.

While you're ogling all the new games at the Electronics Entertainment Expo (E3) this week, you might want to take a look at these old ones, too. Rivals Sony and Microsoft are each holding massive game and console sales this week, presumably in a bid to outdo each other and gain momentum. There are even a few Nintendo game deals going on. Details on each E3 week game and console deal are below, along with a few particularly good game deals we found. To celebrate E3, Sony is having what it calls a Days of Play Sale with deals on PlayStation 4 consoles and games on a bunch of retailers.

Welcome to Mossberg, a weekly commentary and reviews column on The Verge and Recode by veteran tech journalist Walt Mossberg, now an Executive Editor at The Verge and Editor at Large of Recode. As usual, there were scores of feature changes and announcements to Apple's four software platforms -- iOS, watchOS, tvOS, and the newly renamed macOS -- at this year's Worldwide Developer's Conference. Just listing them all here would tax the patience of all but the most Apple-obsessed readers. But there were two big themes, and a few significant moves consistent with them, that I believe stood out in the cascade of slides and demos the company showed at WWDC. They show how stubbornly Apple clings to both its principles and its profit centers.