The outlook for iPhone demand keeps getting murkier. A Wall Street analyst on Friday slashed his outlook for 2016 sales for the Apple gadget, saying he expects the number of units sold will tumble 12 percent from last year — and predicting the upcoming iPhone 7 will be “a marginal cycle at best.” Separately this...

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Topics:  wall street   apple    separately   iphone   sales   outlook   
BING NEWS:
  • Apple Sales Go Down As Revenue Figures Show Decline
    Apple’s sales have declined across nearly all global markets, as revealed by the latest figures from the tech giant. The company reported a drop in demand for its smartphones by over 10% in the first ...
    05/4/2024 - 6:29 pm | View Link
  • Apple Sales Experience Record Decline, Fall By $90.8 Billion In Q1 2024
    Sales fell by 4% year-on-year in the first quarter of 2024, amounting to $90.8 billion, primarily due to a significant decrease in iPhone demand.
    05/2/2024 - 10:51 pm | View Link
  • Apple unveils record $110 billion buyback as results beat low expectations
    Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 6% in extended trade.
    05/2/2024 - 6:24 pm | View Link
  • Apple Reports Decline in Sales and Profit Amid iPhone Struggles in China
    The company continues to lean on customers’ appetite for apps and services, as demand for its devices weakens.
    05/2/2024 - 11:18 am | View Link
  • Apple sales hit as Chinese shoppers ditch iPhones
    Apple has suffered its biggest drop in iPhone sales for more than three years as Chinese shoppers turn away from the company and embrace domestic rivals such as Huawei. The Californian tech giant said ...
    05/2/2024 - 9:57 am | View Link
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