Thursday, May 02, 2019

Apple sold less iPhones, but new products grew

Apple announced on Tuesday (30) that its quarterly profits fell by smaller sales of iPhones, but the result of new products and services has exceeded expectations, making their stock rise. Profit in the second quarter of the fiscal year, ended March 30 was 16% less than 1 year ago, to $ $11.6 billion. The volume of revenue fell 5%, to $ $58 billion. The recipes with iPhone sales fell 17 percent, to $ $31 billion. Apple failed to inform the number of handsets sold. However, the revenue from services increased by 16%, to $ $11 billion, thanks to increases in music, Apple Pay Services and other products. "The result of our quarter showed persistent strength of our base of more than 1.4 billion active devices, while we had an absolute record in services and the solid momentum in the fields of wearable items (such as smart watches), domestic and Accessories, "said the Chief Executive of Apple, Tim Cook. According to him, the iPad was your biggest growth in 6 years and said he was excited by the innovations in equipment, software and services. After the report, the technology giant's shares soared more than 5% after the closing of the markets. Apple struggles to develop new sources of revenue amid the increasing competition in the market of mobile devices, which was traditionally the engine of the Group's profits.
G1 - 30/04/2019 News Item translated automatically
Click HERE to see original
Other news
DATAMARK LTDA. © Copyright 1998-2024 ®All rights reserved.Av. Brig. Faria Lima,1993 third floor 01452-001 São Paulo/SP