Apple’s revenue has fallen for the first time in 13 years asiPhone sales decline for the first time ever, putting an end to the incredible growth streak enjoyed by the coque huawei p8 lite 2017 naruto world’s biggest coque huawei p8 lite 2017 anime listed company.
The company revealed sales coque huawei p8 lite gel of $50.6bn (34.7bn) for the three months to the end of March, a decline of 13pc. It is coque huawei p20 lite antichoc etanche the first time since early 2003, when the iPod was just over a year old and the iPhone was four years coque huawei mate 20 lite paillettes away from being released, that Apple’s sales enlever coque huawei p20 have fallen.
The latest set of results will add to arguments that the Californian giant’s best days of growth are behind it, coque huawei p8 lite 2017 silicone darty as demand for pricier smartphones flatlines and users appear unwilling to pay for coque huawei y6 2017 wish increasingly marginal upgrades.
Sales of the iPhone, which accounts for two thirds of coque huawei mate 20 lite orange Apple’s revenue, fell for the first time since it was released nine years ago, down from 61 million a year ago to 51 million. Those of the iPad and Mac computersalso declined, and quarterly profits were down by 23pc to $10.5bn.
Apple had previously warned that revenues will fall but the coque p30 lite huawei marvel results were slightly worse than expected, and the company said coque huawei p30 lite stich it coque huawei p smart chat expected sales to drop again in the current quarter.
Shares fell by almost 8pc in after hours trading, despite the company committing coque huawei p30 dragon to returning an extra $50bn to shareholders by the end of 2018.
Before Tuesday night’s results, shares had fallen by 20pc in the last year with investors anticipating the decline in iPhone sales, although Apple remains by some distance coque huawei p20 pro carrefour the world’s coque huawei p20 lite homme biggest listed company.
Chief executive Tim Cook partially blamed “strong macroeconomic headwinds” including the strong coque huawei p8 lite gsm55 US dollar for the decline in sales, which was particularly severe in China.
However, he insisted he was optimistic about Apple’s coque 3d huawei p30 future, with record numbers of people moving from Google’s rival Android operating system, and that he expects sales to rebound.
Mr Cook also highlighted improving revenues in Apple’s coque huawei p10 the kase services division, which includes coque huawei p20 lite anime sales of apps and music. Revenue from the services unit grew by 20pc in the quarter and now makes more money than both the iPad and Mac.
The company did coque huawei p30 lite travel not reveal sales of the Apple Watch, the smartwatch it released a year ago, but Mr Cook said the device had “met expectations” and sold more than the iPhone had coque huawei p8 lite 2017 coque unique in its first 12 months.
Last month, Apple unveiled a smaller, cheaper iPhone partially in an attempt coque huawei nova coque fille huawei p30 lite 2 plus to appeal to smartphone buyers in developing markets, and coque huawei p8 lite 2017 fantaisie the company saidit is facing an order backlog amid strong demand…