Apple reports decline in iPhone sales (CNET Update)
Apple reports decline in iPhone sales (CNET Update)
2016-07-27
iPhone sales are down again Apple
reported its fiscal third quarter
numbers in general Apple beat analysts
estimates on things like revenue
earnings as well as iPad and iPhone
sales however Apple didn't beat those
estimates by much let's talk about
Apple's flagship products the iPhone and
April Apple announced its first drop in
iPhone sales this time the company said
iPhone sales declined again the good
news is the decline was less than
expected experts estimated Apple would
sell around 39 point seven million
iPhones Apple sold forty point four
million iPhones last year at the same
time Apple sold forty seven point five
million iPhones Apple CEO Tim Cook said
demand for the iPhone se was greater
than Apple's supply in the quarter
however Apple now has enough to meet
demand the iPhone se is Apple's updated
4-inch iPhone it has a lot of iPhone 6's
features packed in a smaller body iPad
sales were a mixed bag sales of iPads
fell for the tenth straight quarter
however revenue generated from the iPad
was up last year the average iPad price
was around four hundred and fifteen
dollars now the average iPad hovers at
around four hundred and ninety dollars
thanks to the introduction of the
pricier iPad pro line Tim Cook said this
is the best iPad quarterly revenue the
company has had in quite some time
overall apples revenue and net income
declined apples revenue was forty two
point four billion dollars net income
came in at seven point eight billion
dollars Apple stock price increased over
seven percent on the news and
after-hours trading and with that this
tech news update draws to a close I
Myers actor and you can stay on top of
the biggest stories at cnet.com slash
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.