Selasa, 26 April 2016

Apple revenue falls for first time since 2003





Apple reported a 13% drop in its second quarter revenue on Tuesday as sales of iPhones slipped.

The technology giant reported quarterly sales of $50.56bn (£34.39bn) down from $58bn last year - the first fall in sales for the company since 2003.

Apple sold 51.2 million iPhones during the quarter, down from 61.2 million in the same quarter of 2015.

China was a particular weak spot - sales there fell 26%. Results were also hit by the impact of a stronger dollar.

Apple shares fell 8% in after hours trading. Its shares have fallen close to 20% over the last twelve months.

Apple's chief executive Tim Cook said the company performed well "in the face of strong macroeconomic headwinds".

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