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Apple sales fall after 13 years

Published

9 years ago

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appleWashington:US tech giant Apple posted its first drop in quarterly revenue in 13 years and its decline in iPhone sales for the first time in history.

The company on Tuesday also reported that its profits fell 22.5 percent to $10.52 billion, equivalent to $1.90 per share, compared to the $13.57 billion profits from the same period last year, EFE news reported.

Meanwhile, Apple’s revenue fell 13 percent to $50.55 billion.

Both revenues and profits were below analysts’ expectations, who estimated that Apple would post earnings of $2 per share and revenues of $51.97 billion.

Meanwhile, Apple said 51.2 million iPhones were sold, down from the 61.2 million units in the same period last year. However, iPhone sales were above analysts’ projections, who had estimated that Apple would sell 50 million iPhones.

Sales of iPhones represented 65 percent of total Apple revenue in the second quarter.

Moreover, revenue of between $41 billion and $43 billion is expected for Apple’s fiscal 2016 third quarter, below analysts’ forecasts of $47.3 billion.

Apple also announced that its Board of Directors has approved to infuse another $50 billion into the program to return capital to shareholders.

“Our team executed extremely well in the face of strong macroeconomic headwinds,” said Tim Cook, Apple’s CEO.

However, his words did not convince investors, as Apple shares fell more than 6 percent in after hours trading.

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

Published

3 years ago

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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.

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