Apple disappointed with its new quarterly figures: For the first time, the demand for iPhones has fallen. The share lost after trading, CEO Cook nonetheless expressed satisfaction.
Apple has announced its business figures for the previous quarter, as is apparent from a press release of the company. In the second fiscal quarter ended March 26, Apple was able to sell 51.2 million iPhones. Year on year, sales thus fell by 16 percent - over the same period a year ago, the US company was able to sell 61 million iPhones yet. In terms of sales and profits of spoiled by success Group had also reported declines. So Apple could achieve a net quarterly profit of 10.5 billion US dollars, a year earlier the figure was 13.6 million US dollars.
Apple CEO Tim Cook was satisfied despite the sobering facts and praised his team that "given the macroeconomic headwinds" nevertheless have very good acting. "We are very satisfied, thanks to the incredible strength of the Apple ecosystem and our growing base of over one billion active devices to the continuously strong sales growth in the services," Cook continued. Investors were unimpressed by the praise that Apple shares fell after-hours by more than five percent.
Nevertheless: Surprisingly, the decline in iPhone sales did not come. Already in January predicted Cook for now fiscal quarter revenue. That it has not been seen yoy since 2003 - back then, iPhone, iPad and Co. still far off. The former bestseller was also the PowerMac, but now Apple more than ever is the iPhone depends. Whether the iPhone 7 in September can bring a turnaround, remains questionable: analyst Kuo anyway predicts a flop.
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| CEO Cook can not be satisfied with the declining demand for iPhones. |
Apple has announced its business figures for the previous quarter, as is apparent from a press release of the company. In the second fiscal quarter ended March 26, Apple was able to sell 51.2 million iPhones. Year on year, sales thus fell by 16 percent - over the same period a year ago, the US company was able to sell 61 million iPhones yet. In terms of sales and profits of spoiled by success Group had also reported declines. So Apple could achieve a net quarterly profit of 10.5 billion US dollars, a year earlier the figure was 13.6 million US dollars.
- Apple stock lost after trading more than five percent
Apple CEO Tim Cook was satisfied despite the sobering facts and praised his team that "given the macroeconomic headwinds" nevertheless have very good acting. "We are very satisfied, thanks to the incredible strength of the Apple ecosystem and our growing base of over one billion active devices to the continuously strong sales growth in the services," Cook continued. Investors were unimpressed by the praise that Apple shares fell after-hours by more than five percent.
- First sales decline yoy since 2003
Nevertheless: Surprisingly, the decline in iPhone sales did not come. Already in January predicted Cook for now fiscal quarter revenue. That it has not been seen yoy since 2003 - back then, iPhone, iPad and Co. still far off. The former bestseller was also the PowerMac, but now Apple more than ever is the iPhone depends. Whether the iPhone 7 in September can bring a turnaround, remains questionable: analyst Kuo anyway predicts a flop.
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