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Apple iPhone sales growth slowest ever

2016-01-26 23:51:23| BBC News | Business | UK Edition

Apple reports the slowest growth in iPhone sales since the product's 2007 launch and warns sales will decline later this year.

Tags: sales growth apple iphone

 

Apple revenue growth slows to 2% in latest quarter

2016-01-26 23:30:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues for its fiscal first quarter to December 2015 up just 2 percent year-on-year to USD 75.9 billion. The sales were at the low end of its forecast of USD 75.5-77.5 billion. Apple blamed the slower growth on the strong US dollar, saying revenues would have risen 8 percent at constant exchange rates. At constant rates, revenues were up 18 percent in Europe and 17 percent in greater China, while falling 1 percent in the Americas and 4 percent in Japan. The company's net profit rose to USD 18.4 billion or USD 3.28 per share, from USD 18.0 billion or USD 3.06 per share a year earlier, and Apple maintained its quarterly dividend at 52 cents a share. While Apple said it set a new record for iPhone sales in the quarter, after the launch of the iPhone 6s in September, unit sales of the smartphone were unchanged year-on-year at 74.78 million and revenues were up just 1 percent compared to the same quarter a year earlier. iPad sales fell 25 percent year-on-year to 16.12 million, and sales of Mac computers were down 3 percent over the same period to 5.31 million units. For fiscal Q2, Apple forecast a sharp slowdown in sales to USD 50-53 billion and a gross margin of 39.0-39.5 percent compared to 40.1 percent in Q1. 

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Apple options busy as traders pick sides ahead of results

2016-01-26 21:02:35| IT Services - Topix.net

Jan 26 Activity in Apple Inc options were busy on Tuesday ahead of the iPhone maker's quarterly results, split between investors expecting the stock to recoup recent losses and those looking for protection against a further drop. The world's most valuable publicly traded technology company is expected to report quarterly revenue slightly below Wall Street's average estimates for the first time in six quarters, according to Thomson Reuters StarMine.

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Which Apple Suppliers Track Its Performance? Not Those You Think

2016-01-26 14:19:07| Electronics - Topix.net

Apple shares have slid 13 percent since the last earnings report in October on concerns that iPhone sales have dropped off. As Apple Inc. prepares to report financial results, it's not just investors who will be watching how the world's most valuable company fares.

Tags: you think track performance

 

Which Apple Suppliers Track Its Performance? Not Those You Think

2016-01-26 13:54:40| Semiconductors - Topix.net

Apple shares have slid 13 percent since the last earnings report in October on concerns that iPhone sales have dropped off. As Apple Inc. prepares to report financial results, it's not just investors who will be watching how the world's most valuable company fares.

Tags: you think track performance

 

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