Gadgetory

Apple CEO Tim Cook said people may be delaying buying an iPhone possibly because of anticipation building over future phones like the tenth anniversary iPhone expected in the fall that could explain why the number of iPhones sold in the second fiscal quarter were below last year's sales Cook made the comments during a call about the company's latest earnings report which included sales of products like the new nine point seven inch iPad pro and product red iPhones even though Apple sold 50 point eight million iPhones and reported revenue of 52 point nine billion dollars the company fell short of analysts estimates it's also only the fourth time ever that iPhone sales have fallen but the focus has already shifted from the iPhone 7 and 7 plus to the iPhone 8 or whatever the new iPhone is going to be called Apple generates 2/3 of its revenue from the iPhone so the pressure is on for it to Wow with a possible redesign the new iPhone could include a brighter oled screen swing down frame around the display and while it's charging some features its main competitors already have Apple didn't break out numbers for other devices like the Apple watch or the air pods but Cook said if you combine sales of both with the beats line revenue in the last four quarters is the size of a fortune 500 company and if you want to know how much cash Apple has in the bank two hundred and fifty six point eight billion dollars now that's got to buy a lot of iPhones