The most valuable company in the world has presented its financial results for the past quarter – and they do not look good. In the second quarter of the year (for Apple’s fiscal third quarter) the company sold significantly fewer iPhones. Sales of smartphones in the quarter broke a 15 percent, as the US technology group announced. In the previous three months there had been a minus for the first time since its launch, then by 16 percent. Apple is heavily dependent on the iPhone for years. With the drop in sales, the share of iPhone sales dropped to total business to more than 56 percent from last around two thirds.
Net profit of the highly successful company in Silicon Valley fell by 27 percent to 7.8 billion dollars. Revenue fell 14.6 percent to $ 42.36 billion, not quite as much as feared by analysts. 40.4 million iPhones were in spring over the counters, also slightly more than expected. Apple shares subsequently became more expensive in after-hours US trade by almost five percent.
Sales of the iPad tablets were indeed continue – by nine percent to 9.95 million units. With the more expensive models of the iPad Pro sales but by seven percent to nearly $ 4.9 billion. This was the first growth in the business for a long time.
Already in the last quarter sales and sales had fallen dramatically: first, the Group had sold fewer iPhones. 51.2 million were – ten million less than a year ago. Immediately after the figures were announced, the stock had lost about five percent. For this quarter, the Group had forecast a decline to 41 billion.
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