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Apple sees iPhone sales drop again but beats forecasts

2016-07-26 22:55:38| BBC News | Business | UK Edition

Apple reports a second consecutive quarter of falling iPhone sales, but the 15% drop was not as bad as analysts had feared.

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Apple revenues fall 15%, as iPhone, China sales drop

2016-07-26 22:46:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues of USD 42.2 billion for its fiscal third quarter to June, down from USD 49.6 billion a year ago and towards the high end of its outlook of USD 41-43 billion. The company's gross margin dipped to 38 percent from 39.7 percent in the year-earlier period, also coming in at the end of expectations. Net profit fell to USD 7.8 billion or USD 1.42 per share, from USD 10.7 billion or USD 1.85 per share. Apple CEO Tim cook said the results "reflect stronger customer demand and business performance than anticipated at the start of the quarter" and a successful launch of the iPhone SE. The launch of the cheaper iPhone led to a 23 percent year-on-year drop in revenues from smartphones to USD 24.0 billion, on a 15 percent fall in unit sales to 40.4 million. Compared to the previous quarter, iPhone revenues fell 27 percent and unit sales were down 21 percent.

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Apple opens iPhone kernel to improve performance without reducing security

2016-06-24 15:23:24| Extremetech

Apple decrypted the iOS kernel in its recent beta builds on purpose -- supposedly to improve performance, but security may have been a larger motive.

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China rules against Apple over iPhone patent claim

2016-06-17 16:51:11| BBC News | Business | UK Edition

Beijing's Intellectual Property Office has ruled against Apple in a patent dispute brought by a Chinese handset maker.

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Apple Faces Patent Suit Because iPhone ...Can Make Calls

2016-05-24 02:03:28| PC Magazine Cell Phones Product Guide

Texas-based Corydoras Technologies is suing Cupertino in part because its products make calls and send emails.

Tags: make calls apple suit

 

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