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Apple reports iPhone revenues down 15%, sees further decline in Q2

2019-01-29 23:32:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues for its fiscal first quarter to December of USD 84.3 billion, down 5 percent from a year earlier, in line with its warning early this month. Earnings were still up 7.5 percent to USD 4.18 per share, in line with market estimates and driven by lower taxes and fewer shares after the company's buyback programme. 

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Apple iPhone sales in 'disappointing' fall

2019-01-29 22:50:55| BBC News | Business | UK Edition

Revenue from the tech giant's signature iPhone fell 15% in the most recent quarter.

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Apple cuts quarterly sales outlook on fewer iPhone upgrades, slower Chinese economy

2019-01-03 08:35:00| Telecompaper Headlines

(Telecompaper) Apple has lowered its revenue guidance for the December quarter, blaming a slowdown in iPhone sales, particularly in China. The company now expects revenue of US 84 billion for its fiscal first quarter to 29 December 2018, down from earlier guidance of USD 89-93 billion and a reported USD 88.3 billion in the year-earlier period.  

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Apple denies iPhone import ban in China

2018-12-10 17:26:58| BBC News | Business | UK Edition

Chip-maker Qualcomm says it has won an injunction against Apple in a continuing dispute over intellectual property.

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Apple lowers production orders for last iPhone models - report

2018-11-19 14:01:00| Telecompaper Headlines

(Telecompaper) Apple has had a particular problem setting expectations for the iPhone XR and cut its production plan late last month by up to a third of the 70 million units it had asked some suppliers to produce between September and February, the sources added. In the past week, Apple informed several suppliers it expects even lower supplies of the XR, faced with a maturing smartphone market and tough competition from Chinese producers. Apple declined to comment on the report. 

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