Iphone Sales Fall For Second Quarter In A Row

Associated Press, Time: Business
Tue, 07/26/2016 - 1:42pm

SAN FRANCISCO (AP) — Apple says iPhone sales fell for the second quarter in a row, putting a damper on revenue and profit for the period ending June 30. The tech giant sold 40.4 million iPhones in the quarter, down 15 percent from a year earlier. Profit fell 27 percent to $7.8 billion, while revenue dropped 15 percent to $42.4 billion. Apple also sold fewer iPads, Macs and smartwatches.

Topics: san francisco ap june macs wall street apple music store chief financial officer luca maestri apple app iphone sales quarter in a row percent revenue fell sold profit billion

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Iphone Sales Fall For Second Quarter In A Row

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