iphone sales record: Sinking iPhone Sales Aren’t Hurting Apple:– According to the latest update, the Apple sales are dropping very badly this year. The company’s iPhones sales have been declined for March quarter. This year, the iPhone unit’s sales were decreased rapidly by 10 million iPhones which leads to danger for investors. The June quarter earnings are expected to be better than expected. The iPhones sales are still sinking, how well the third quarter will be as per investor expectations.
The Apple is not only the company that is making money from iPhones. In June quarter, the company will ship 40.4 million iPhones. This figure is quite amazing as per the Wall Street’s expectations. If we compare this with same quarter last year, it may represent decline when Apple sold 47.5 million iPhone units of iPhone 6 and iPhone 6 Plus.
This year, the Apple’s third-quarter sale slide to $42.4 billion as compared to $49.6 billion in the same quarter last year. Many companies are making money from iPhones and most of them are app developers which depend on iOS app sales for their income.
iphone sales record: Sinking iPhone Sales Aren’t Hurting Apple
Many Apple’s suppliers and manufacturing partners depends on iPhone and get huge profit as the iPhone sales increases. The iPhone and iPad display supplier Japan Display asked the government to cover huge revenue declines that have lead to weak iPhones sales. The Japan displays have half of its revenue from selling displays to Apple. Thus, the Apple’s declining sales have a very bad impact on the company. According to the Apple’s top iPhone manufacturing partner Foxconn, they have got a 31% decline in second-quarter net profit due to huge drop in the orders of iPhones.
The company’s profit sank to 17.7 billion New Taiwan dollars from 25.7 billion for the same quarter last year. The Apple is expected to introduce its new generation smart phones on September 7 th and will launch the smart phones on September 16 th which will slow the decline of Apple’s sales. The Apple’s business many not rise up to a much higher level until it will come up with some fresh products on its big tenth-anniversary iPhone.
The Apple is suffering from huge decline in their sales, and it is expected that its new arrivals will cover up all the losses. Share this article through Facebook, Hike, SumoMe, Pinterest, LinkedIn, Twitter, WeChat, Stumble Upon, and WhatsApp.
