![]() ![]() Sales of iPads and Macs will fall by double-digit percentages, he added.Īpple shares were down about 2% in extended trading. However, he forecast that iPhone sales would do better than their 2% decline in June quarter, and the already strong growth rate of Apple's Services division would be even higher in the following period. He said that results would show a similar year-over-year revenue decline as the current quarter, which saw sales fall over 1%. ![]() Here's what Apple's net sales have looked like for the past three yearsĪpple CFO Luca Maestri just provided data points about how the company sees its September quarter.How iPhone sales and services revenue are related.Apple will give demos for its new Vision Pro virtual reality headset in Apple stores.Cook says Apple has been working on generative A.I.Apple now has $166.5 billion in cash on hand, up slightly from last quarter.Apple CEO Tim Cook not concerned about Fitch downgrading U.S.Apple CFO Luca Maestri says Q4 'should get a bit better'.IPhone, Mac and iPad sales fell: 'The smartphone industry is tough in the U.S.Apple's services business is the big highlight.The stock fell further after CFO Luca Maestri said the company expected revenue to decline in the September quarter. But the tech giant did provide some data points for how it views the current quarter shaking out. It hasn't provided official guidance since 2020, citing uncertainty. 44.2% estimatedĪpple didn't provide official guidance. Other Products revenue: $8.28 billion vs.Here's how Apple did versus Refinitiv consensus estimates and on a year-over-year basis: Overall sales still fell 1% year over year, however, and revenue in the company's iPhone, Mac, and iPad lines were all down from a year earlier.Īpple shares fell more than 2% in extended trading. Personal Loans for 670 Credit Score or LowerĪpple reported fiscal third-quarter results that beat Wall Street expectations for both earnings and sales, driven by stronger services sales that grew 8% on an annual basis. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit ![]()
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