Displaying items by tag: Luca Maestri

Apple's biggest supplier, Foxconn Technology, has been forced to halt recruitment at its complex in the central city of Zhengzhou, raising fears over the extent to which this would upset Apple's production schedules.

Published in Hardware

Apple's iPhone sales fell sharply, both for the fourth quarter of its financial year and also for the full year, the company's results, released on Friday, show.

Published in Market

The coronavirus pandemic has failed to halt the growth of the Apple juggernaut, with the company posting quarterly revenue of US$58.3 billion for its second quarter, an increase of 1% year-on-year. Earnings at US$11.25 billion were slightly down from US$11.56 billion posted in the corresponding 2019 quarter.

Published in Market
Friday, 01 February 2019 08:08

iPhone revenue for latest quarter down by 15%

Apple's iPhone revenue for the first quarter of the financial year 2019, which ended on 29 December, was down by 15% compared to the corresponding quarter a year prior, but its total revenue from all other products and services grew by 19% year-on-year.

Published in Market
Friday, 02 November 2018 10:10

Apple shares fall on holiday sales forecasts

Apple has reported better earnings than expected for its fiscal fourth quarter, but the company's shares fell 7% on Thursday after chief executive Tim Cook warned that the next quarter, that covers the holiday season, could see less sales than predicted.

Published in Market

A smaller than usual rise in iPhone shipments has not prevented Apple from delivering its best June quarter, with the world's richest technology company registering revenue of US$53.3 billion for the third fiscal quarter.

Published in Market

Apple's revenues for the second quarter of the current financial year rose to US$61.1 billion, a 16% rise from the corresponding quarter in the previous financial year. International sales accounted for 65% of the revenue in the quarter.

Published in Market

Apple sold less iPhones in the latest quarter but earned a lot more than a year ago, given the price of its iPhone X began at US$1000, according to the company's results for the first fiscal quarter of 2018. The user base of active devices rose to 1.3 billion in January.

Published in Market
Wednesday, 01 February 2017 09:30

Apple's Q1 2017: record revenue, iPhone sales

Apple sold a record 78.3 million iPhones during the first quarter of fiscal 2017 which ended on 31 December 2016, the company announced on Tuesday, US time.

Published in Market
Wednesday, 27 January 2016 12:04

Apple sets revenue and profit records for Q1 2016

Apple has done it yet again, despite the incredibly negative suggestions and speculation that Apple wouldn’t be able to deliver record results this time around.

Published in Market

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