Apple’s record profits but iPhone sales are holding more than expected – Il Sole 24 Ore

History Article

Close

This article was published on 26 January 2016 at 23:28.
The last change is the 26 January 2016 at 23:32.

NEW YORK – A pple beats once again the budget estimates scoring record profits. But sales disappoint and iPhone sales are holding the weakest pace since its initial launch in 2007. In the first quarter of its fiscal year, the company pocketed profits to $ 18.4 billion, equal to $ 3.28 per Action against the $ 3.23 expected. Turnover in turn rose to 75.9 billion in 74.60000000000, but remained below the 76.59 billion predicted. In the current quarter the company also expected the worst revenue decline in 15 years.

iPhones sold were 74.8 million against 76.54 million expected, although it was avoided a feared decline on an annual basis compared with 74.5 million a year ago. Apple has relied on international business for 66% of sales. “We reported the best quarter ever – said the CEO Tim Cook – despite a very difficult macroeconomic climate.” Immediately after the market shares have lost more than 1%.

Apple has returned from pressure on the stock market. Since July the stock has sold a quarter of the value, together with concerns about the Chinese economy and the global economy. Among analysts debate rages: targets assume average rises to $ 143. Some, like Goldman Sachs, goes beyond $ 160. And the price / earnings ratio remains low, around 10, legitimizing the possible gains. But some fear on the contrary that the next movement in the presence of braking of the business, are again on the downside. The key to financial performance and shareholder, is exposure to China which now accounts for 25% of sales iPhone. What Beijing is both the potential market more ‘promising, with large sections of the middle classes from converted to high-end smartphones. The more ‘while the whole segment has stagnated in the Asian country in an annual increase of 1 percent.

The company has enjoyed relative immunity to the political disputes that hinder other tech giants, from Amazon to Google, Microsoft, Qualcomm, ’cause his gadgets pose less challenges to the control of the authorities’ than social networks or communication technologies.

© ALL RIGHTS RESERVED

Permalink

” + “” + “

” + last + “ | “Datalunga + +” “+ time +” | real time

“);} else {$ (‘.finanza-right-art .GraficiAndamento’). append (” “+” “+”

“+ last +” | “+ datalunga +” “+ time +”

“);} $ (‘.finanza-right-art .TabellaDati’). append (”

”
 + “” + name + “

”
 + “” + last + “

”
 + “” + a + change + “

”
 + “” + time + “

”
 + ““); }}); $ (‘.finanza-Right-art .TabellaDati’). Trigger (‘dataloaded’); }, DataType: “json”, error: function (XHR, status, error) {console.log (status + “” + error); }});