What iPhone sales slowdown? Apple's sales are better than feared

What iPhone sales slowdown? Apple's sales are better than feared

6 years ago
Anonymous $CLwNLde341

https://www.cnet.com/news/apple-second-quarter-earnings-revenue-guidance-are-better-than-expected-but-iphone-sales-dont-soar/

Analysts and investors have worried that the iPhone's best days are behind it -- a problem, since the phone is Apple's biggest moneymaker -- and that the company would report weak results in the June quarter. But iPhone sales didn't fall off a cliff as feared, and Apple's projections for sales this quarter were in line with what Wall Street expected. The company also said it'll return a lot more cash to shareholders, giving its stock as much as a 4 percent boost in after-hours trading. 

"We're thrilled to report our best March quarter ever, with strong revenue growth in iPhone, services and wearables," Cook said in a statement.  

What iPhone sales slowdown? Apple's sales are better than feared

May 1, 2018, 10:14pm UTC
https://www.cnet.com/news/apple-second-quarter-earnings-revenue-guidance-are-better-than-expected-but-iphone-sales-dont-soar/ >Analysts and investors have worried that the iPhone's best days are behind it -- a problem, since the phone is Apple's biggest moneymaker -- and that the company would report weak results in the June quarter. But iPhone sales didn't fall off a cliff as feared, and Apple's projections for sales this quarter were in line with what Wall Street expected. The company also said it'll return a lot more cash to shareholders, giving its stock as much as a 4 percent boost in after-hours trading.  >"We're thrilled to report our best March quarter ever, with strong revenue growth in iPhone, services and wearables," Cook said in a statement.