Similar Stories to Don't Get Excited About Apple Falling Short Of Iphone 5 Sales Forecasts on Bing News

From a fundamental point of view, this miss is meaningless as there were supply constraints and estimates were overly bullish. There is no evidence that those likely to buy iPhone 5 are shifting to competing phones.

Topics:  iphone   
BING NEWS:
  • Apple's falling iPhone sales don't bother Wall Street so long as margins, buybacks are increasing
    Apple on Thursday revealed that iPhone sales were down 10% from a year earlier in the March quarter. It's a big drop for the company's most important product, which makes up half of Apple's revenue.
    05/2/2024 - 1:00 pm | View Link
  • iPhone 15 sales stall — here's why Apple's not worried
    Apple reported a 10% drop in iPhone sales during the March quarter. But Apple's optimistic about its business going forward.
    05/2/2024 - 12:14 pm | View Link
  • Apple’s quarterly iPhone sales plunge 10%, but stock price surges on dividend, stock buyback news
    The current iPhone downturn was the main reason Apple’s revenue for the latest quarter decreased 4% from last year to $90.8 billion. It marked the fifth consecutive quarter that Apple’s revenue dipped ...
    05/2/2024 - 9:53 am | View Link
  • Apple earnings see 10% iPhone sales drop, massive buyback fuels stock jump
    Apple on Thursday reported a 10% drop in iPhone sales for the second fiscal quarter ... In February, Cook attempted to address concern that the company was falling behind Google and Microsoft, noting ...
    05/2/2024 - 9:45 am | View Link
  • Apple set for big sales decline as investors await AI in iPhones
    Apple's plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday, when the tech giant is expected to report its biggest quarterly ...
    05/1/2024 - 9:16 am | View Link
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