Friday, 26 April 2019

Apple sees 15% drop in iPhone revenues

By Chris Kelly, Total Telecom
Wednesday 30 January 19

Apple blames the slump on poor sales in China, caused by slowing economic growth and rising tensions with the US

US tech giant, Apple, has reported a 15 per cent drop in revenues from the sale of its iPhone handset, according to the company's own financial report.  iPhone revenues for the fourth quarter of 2018 stood at $51.9 billion, down from $61.1 billion during the same period in 2017. Apple was quick to point out that while iPhone sales had slumped…

US tech giant, Apple, has reported a 15 per cent drop in revenues from the sale of its iPhone handset, according to the company's own financial report.  iPhone revenues for the fourth quarter of 2018 stood at $51.9 billion, down from $61.1 billion during the same period in 2017. Apple was quick to point out that while iPhone sales had slumped…

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