Tuesday, 27 June 2017

Apple fiscal Q3 iPhone shipments beat forecasts

By Nick Wood, Total Telecom
Wednesday 27 July 16

Device maker's revenue slumps 14% led by steep fall in China.

Apple late on Tuesday reported better than expected iPhone shipments during its fiscal third quarter, but volumes were still noticeably lower compared to a year ago. The U.S. device maker shipped 40.4 million iPhones in the three months to 25 July, compared to 47.53 million in the same period of 2015. That figure came in ahead of analyst expectations of 39…

Apple late on Tuesday reported better than expected iPhone shipments during its fiscal third quarter, but volumes were still noticeably lower compared to a year ago. The U.S. device maker shipped 40.4 million iPhones in the three months to 25 July, compared to 47.53 million in the same period of 2015. That figure came in ahead of analyst expectations of 39…

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