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.
Similar Stories to Iphone Sales Fall For Second Quarter In A Row on Bing News
Associated Press, Time: Business
Tue, 07/26/2016 - 1:42pm
BING NEWS:
- 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. Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of stock.
05/2/2024 - 7:24 pm | View Link - Apple Profits, Revenues Dropped in Q1 as iPhone Sales Fall
Apple sold fewer iPhones in the first quarter than it did one year ago, triggering a year-over-year revenue decline and a stock repurchase.
05/2/2024 - 10:09 am | View Link - More
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