Wednesday, January 27, 2016

Apple wins but fails to convince, but record turnover slows iPhone – AGI – Agenzia Journalistic Italy

Rome – They grow even accounts of Apple, with a turnover in the first quarter of fiscal 2016 rose to 75.9 billion, but for the first time since its debut on the market and that ‘since 2007, curbs the growth in sales of the iPhone, the smartphone most ‘famous in the world produced by Apple. Also weighing on the slow pace of sales, the volatility ‘of some economies, especially China: in Asia, which includes China, Hong Kong and Taiwan, sales in fact rose by 14% but it is a stroke of brake compared to ’70% increase a year ago. Also influenced by other factors such as the strength of the dollar and instability ‘of the financial markets: so total sales of the iPhone, which accounted for nearly two-thirds of Apple’s revenue, increased by 0.5% compared to the same period 2014. Nevertheless’ net profit of Apple and ‘rose to $ 18.4 billion, up 1.9% so’ as the turnover to 74.6 billion dollars, marking new record levels. In the first quarter of 2016 (it is the fiscal quarter ending December 26, 2015), were sold 74.7 million iPhone, while in the first quarter of 2015 were 74.4 million. In the current quarter, the CEO Tim Cook is expected that sales will actually decline. Nevertheless, the top manager was positive about the near future: the Apple continue ‘to invest in smartphones despite the weak economy of many countries and the strength of the dollar. “There are still many people in the world who plan to buy a smartphone and we must be able to capture a large share of those potential buyers,” he said. (AGI)

(27 January 2016)

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