Similar Stories to Apple Reports Iphone Sales Down, 1st Revenue Drop Since 2003 on Bing News

[...] Apple is battling perceptions that its latest iPhones aren't that different from previous models, at a time when overall smartphone sales are slowing around the world. Apple hasn't reported a year-over-year sales decline since 2003, when the iPod was still relatively new and the iPhone didn't exist. [...] the iPhone and other products have propelled the company's stock value from $5 billion to $579 billion, making it the most valuable public company in the world. Apple's revenue for the quarter included $6 billion from online services, apps and other software, he noted. Apple hasn't revealed sales figures for the watch, but most analysts estimate the company has sold 12 million or more, producing well over $5 billion in revenue. For now, Apple is finding it difficult to match the blockbuster sales it racked up last year, when shoppers flocked to buy the first iPhones with larger screens — similar to the 5- and 6-inch models that Samsung and other competitors were already selling.

Topics:  apple   samsung   apple   iphone   sales   revenue   billion   company   models   world   
BING NEWS:
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    Apple iPhone unit sales are soft and underperforming the total smartphone market in the key regions of China and the U.S.
    05/30/2024 - 4:39 am | View Link
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    05/29/2024 - 10:30 pm | View Link
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    Apple's smartphone shipments in China rose 52% in April from a year ago, extending a rebound seen in March, according to data from a research firm affiliated the Chinese government.
    05/28/2024 - 3:35 am | View Link
  • Apple Stock Gains as New Data Shows iPhone Sales Up 52% Y/Y in China
    Apple's iPhone sales in China surged 52% in April, reaching 3.495 million units, despite fierce competition from local brands.
    05/28/2024 - 12:27 am | View Link
  • iPhone Sales Recover in China Amid Surge in Smartphone Demand
    Apple's iPhone sales in China surged by 52% in April, reflecting a significant rebound driven by aggressive price cuts and renewed ...
    05/27/2024 - 11:44 pm | View Link
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