NewsExpress advert FCMB banner Fidelity bank banner NewsExpress advert
Apple’s iPhone sales plummet

By Ovunc Kutlu, New York on 02/05/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 893

•iPhone
•iPhone

U.S. technology giant Apple saw its iPhone sales fall short of expectations in the rnings report released Tuesday.

Total sales of iPhone models during the January-March period dropped 32 percent to 52.2 million units from 77.3 million units in the October-December period last year.

Apple introduced the iPhone 8 and iPhone 8 Plus on Sept. 22 last year and its most expensive smartphone, the iPhone X, on Nov. 3.

Despite a starting price of $1,000 for the iPhone X, revenue from total iPhone sales fell 38 percent to $38 billion from $61.6 billion during the period.

Taiwan Semiconductor Manufacturing Company, a major supplier for the iPhone, reported on April 19 that there is softer demand for smartphone chipsets.

On April 19 and 20, Apple saw a 6.8 percent decline in its share price on the New York Stock Exchange, erasing $63.3 billion from its market value.

But Apple shares climbed 4.3 percent in after-hours trading Tuesday due to an increase in net income and revenue year-over-year.

During the January-March period this year, Apple saw its net income rise 15.5 percent on year to $61.1 billion while revenue jumped 25.5 percent to $13.8 billion. (Anadolu Agency)

 

Source News Express

Posted 02/05/2018 12:00:25 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

 

You may also like...
Battle of Catalonia: WE WON’T LET NIGERIANS DOWN,...

Registration opens for Gospel music reality show

Boko Haram massacres 80 in Borno

Telecoms group frowns at Unsolicited Messages Bill, says...

APC admits ‘challenging’ 2017, promises ‘brighter’ 2018

Revealed: Banker who plunged to death from rooftop...

Buhari promises jobs for youths, urges entrepreneurship

Customs generates over N49m via e-auction

1 shot dead in Osun rival cult clash...

BREAKING NEWS: Court stops strike

Ebola returns to Liberia

Vice Principal, 3 others arrested for rape

 

Latest News Cornucopia: Jubilation as Odogwu converts to Islam, By Odogwu Emeka Odogwu Teach justice, act justly, By Asoro Abubakri Olatunji Igbo summit: Police arrest 2 suspected armed IPOB members Police capture most wanted Offa armed robbers I am not responsible for Linda Ikeji’s pregnancy — Don Jazzy 37,062 candidates shortlisted for police recruitment examination Osun Guber: 27 aspirants to contest APC primary FG launches N64m website Amnesty International backs Islamic Movement to seek justice for Zakzaky, detained members Catholic faithful to protest incessant killings in Abuja Boko Haram: UNIMAID Teaching Hospital provides skeletal services 2019: Okowa warns political aspirants on orderly campaigns

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (345,164 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (341,813 views) Shameless Genevieve Nnaji exposes breasts in public (273,266 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (224,655 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (205,133 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (202,675 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (176,858 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (159,157 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (150,141 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (143,338 views) Lagos plane crash: Journalist releases victims’ names (139,959 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (132,350 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (40) Business & Economy (3,143) Business Verdict (43) Columnists (853) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (497) Features (595) Global Business Monitor (273) International (1,968) Interview (149) Live Commentary (28) Love Matters (120) News (35,474) Opinion (956) Pidgin (10) Politics (5,034) Religion (743) Sports (1,512) Stock Watch (29) AMA & Al Jazeera Global Update

 

CBN banner

Firstmobile banner

 

 

NEWS EXPRESS TV

Boko Haram commanders surrender

 

APO Group Partner

 

 

CLASSIFIED ADS

REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement