Apple iPhone sales are the slowest of all time


SUBMITTED BY: henhen1

DATE: Jan. 27, 2016, 4:38 a.m.

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  1. Apple reported sales of iPhone slowest since the product launch in 2007 and warned sales will decline for the first time this year.
  2. The giant technology company sold 74.8 million iPhones in the first fiscal quarter, compared to 74.5 million last year.
  3. Apple said revenue for the next quarter will be between $ 50 billion (around Rp650 trillion) to $ 53milyar, lower than their income last year for the same period which is $ 58 billion.
  4. This will mark the first decline in revenue since the launch of Apple's iPhone.
  5. IPhone sales accounted for 68% of Apple's revenue in that period.
  6. Apple boss Tim Cook said the "all-time record iPhone sales, Apple Watch and Apple TV" contribute to the company's performance.
  7. Strengthening US dolllar
  8. But the company's chief financial officer, Luca Maestri, said that this time they operate on "macro-economic environment is very difficult."
  9. He added that "iPhone sales will decline this quarter" and that the company does not make predictions for more than three months.
  10. Maestri pointed to the strength of the US dollar as factors that make Apple stagnant sales and the strong dollar estimates that deplete the $ 5 billion of the company's revenue.
  11. Although iPhone sales in the first quarter below 75 million as estimated by analysts, the figure is still a quarterly sales record for the company the United States.
  12. Apple's revenue for the three months to December 26 was $ 75.9 billion and net income amounted to $ 18.4 billion, both record the highest ever recorded by the company.

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