Apple Faces Decrease in iPhone Sales for First Time Ever Previous Quarter
The Cupertino, California based American multinational technology company has uncovered its sale of $50.6bn for the three months until at end of the March, while also mentioned 13pc decrease which thought to be one of the most surprising things in its sale history.
Apple has been facing decline in its sales following early 2003 after one year of iPod’s release whereas iPhone was to be released after four years.
Nonetheless, the recent outcome will surely reveal what reasons are behind its fall in sales even Apple remained most demanding company for its production of smartphones all over the world.
However, Users of Apple’s smartphones appear to be not ready to pay for gradually rising prices of marginal upgrades. The financial Sales records of the iPhone for two thirds of Apple’s income though decrease was seen first time following was out nine-year ago sank from 61 million a year ago to 51 million.
One of the most surprising things in revenue of the Apple is that in iPad and Mac computers’ sale, a disturbing down also were reported by the company as well quarterly earnings were decreased by 23pc to $10.5bn.
Nevertheless, Apple had already announced alert regarding its income fall though the latest outcome seems to be bit worse compared to its estimations. Apple also had revealed for sale decline one more time in the current quarter.
While shares decreased by about 8pc in after some hours trading, in spite of the Apple has been committing to moving back an extra $50bn to shareholders by the end of 2018.