It seems that public interest has shifted away from iPhones, with Huawei and Samsung racing past Apple in the ranks for quarterly shipment sales. Apple’s revenue has appeared to drop year after year. Their earnings report for the March quarter announced a revenue of $58 billion, a quarterly profit of $11.6 billion, and EPS of…
It seems that public interest has shifted away from iPhones, with Huawei and Samsung racing past Apple in the ranks for quarterly shipment sales.
Apple’s revenue has appeared to drop year after year. Their earnings report for the March quarter announced a revenue of $58 billion, a quarterly profit of $11.6 billion, and EPS of $2.46. During the same quarter last year,Apple posted revenue of $61.1 billion and EPS of $2.73.
Apple have issued cautionary notes to investors earlier this year, warning them that the demand for new iPhone models is lower than initially expected.
Now, unit sales for the iPhone, Mac and iPad won’t be released, despite being the key analytic point for the years prior. Apple’s Luca Maestri, during an earnings conference call last year, explained that it’s because the “number of units sold in a quarter is not representative of underlying state of business.”
Tim Cooke, in a press release also said, “our March quarter results show the continued strength of our installed base of over 1.
