Connect with us

Gadgets

Apple reports 5.8% rise in profits ahead of iPhone X sales

Published

7 years ago

on

San Francisco, Nov 3 (IANS) As sales of the new iPhone X started in Asia and Australia on Friday, Apple has reported an annual profit rise of 5.8 per cent in 2017 to $48.3 billion.

The company hoped that the long-awaited launch of its new device, which will hit the stores on Friday in 55 countries, including India, will boost its year-end profits.

Apple’s new smartphone, celebrating the iPhone’s tenth anniversary, is the tech giant’s biggest asset for the upcoming holiday season, a period of usually good news for sales of the company, Efe news reported.

The company expects revenues for the first quarter of its 2018 fiscal year to reach between $84 billion and $87 billion, an estimate that, if fulfilled, would exceed the $78.3 billion registered in the same quarter of 2017.

“We’re happy to report a very strong finish to a great fiscal 2017,” Apple CEO Tim Cook was quoted as saying.

The Apple CEO also expressed confidence in the imminent launch of the iPhone X, saying “we could not be more excited as we begin to deliver our vision for the future with this stunning device.”

The company’s revenues in the last twelve months grew by 6.3 per cent to $229 billion, compared to $215 billion registered in 2016.

In addition, Apple’s operating profit in the last twelve months was $61.3 billion, slightly more than the $60 billion recorded in 2016.

IPhone fans in Australia and Japan had to wait in long lines in front of Apple stores to get their hands on the much anticipated device, the agency reported.

Due to the high demand and its complicated manufacturing process, which caused delays in its production, delivery of the new iPhone X could be delayed until December in some countries.

–IANS
sku/ksk

Related Topics:
Continue Reading

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

on

May 5, 2022

By

If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

Continue Reading

Trending