Jul 27, 2016
Apple's smaller-screen iPhone SE sold more than analysts expected in the latest quarter, helping the company beat earnings estimates even though revenues declined and profits fell by 27% from a year ago. Apple shipped 40.4 million iPhones, a 15% drop, during the quarter.Proceed to the page: http://linkis.com/Ty381
As investors await this fall's anticipated "iPhone 7" launch, sales for the current-flagship iPhone 6s series are expected to continue to lag behind last year, with Wall Street estimates pegged at about 40 million units for the just-concluded June quarter.
The world's most valuable publicly traded company said it sold 40.4 million iPhones in the third quarter, down 15 per cent from the year-ago quarter but slightly more than the average analyst forecast of 40.02 million, according to analysts.
SAN FRANCISCO — Apple says quarterly revenue fell for the first time in more than a decade, as iPhone sales fell compared with a year ago. That's putting more pressure on the world's most valuable public company to come up with its next big product.Apple sold more than 51.2 million...
Apple said it sold 51.2 million iPhones in its second fiscal quarter, down from 61.2 million in the same quarter a year ago but above analysts' estimates of about 50 million devices.
Apple Inc. lost its place at the world’s most valuable public company once this year, and its standing is at risk again. The iPhone maker fell behind Alphabet Inc., the owner of the Google search service, by market value in Thursday’s trading. A similar move happened on Feb. 2, after Alphabet...
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It's time to admit that the emperor has no clothes. Apple's last big innovation was 9 years ago.
Congressman Mike Rogers heads latest delegation to meet with Egyptian government officials
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