The new iPhone Apple disappointing earnings
Headquartered in California, Apple’s sales in the three months ended June 30 of the 26 million iPhone sales grew 28 percent, more than the company’s own goals set. But this increase over the previous several quarters of decline, resulting in its stock price fell in after-hours trading to $ 600 per share.
The results fell short of analysts’ expectations, Apple’s next-generation iPhone and the rumors of a smaller size of the iPad or a new TV (a lot of people are expected to be released this year) will become more important. The current Apple products and the law, both in the face of growing challenges from Samsung (Samsung).
Apple said on Tuesday about the next generation iPhone (expected to release this fall) rumors have been for some buyers to temporarily abandon the purchase plan. Compared with the iPhone 4S relative iPhone 4 upgrade is expected that the next generation iPhone will be a more significant upgrade.
Apple CEO Tim Cook (Tim Cook) said that the chain of overall revenue decline in iPhone sales in the United States and China are still popular in the past year to double the sales growth of the Chinese Mainland. When it comes to these two regions, Cook said: “We have not seen any that can be regarded as signs of economic problems.”
Apple this year’s third quarter revenues of $ 35 billion, below analysts’ expectations of $ 37.2 billion. Meanwhile, the company achieved earnings per share of $ 9.32, lower than analyst expectations of about $ 10.32. As of June 30, prior to the payment of dividends and share repurchases in the plan, Apple holds cash of $ 117.2 billion, an increase of $ 7,000,000,000 compared to March.
New iPad released in March this year, sales grew 84 percent to 17 million units, exceeding analysts’ expectations. Cook said the lower price iPad sales in the U.S. education market is particularly strong.
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