The tech giant reported drops in some product sales but surprised economic observers when it came to profits and revenues.
Apple has beat Wall Street expectations and market trends in reporting increased iPhone sales in its second quarter results.
Sales for the year ending 1 April dropped overall - but significantly less than expected - by 2.5% to $94.84bn , better than the expected 4.4% drop to $93bn . Instead, a 1.5% rise in Apple's iPhone revenue was recorded despite a more than 3% decline being expected. The increase came, chief executive Tim Cook said, thanks to three countries.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AMD reveals Azure is offering its SmartNICs as-a-serviceStill smiling despite Q1 PC chip sales slumping 65 points and flat server sales
Read more »
Estée Lauder shares plunge after China slowdown hits sales\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Read more »
Capcom boss reveals lofty sales target for Street Fighter 6Capcom president Haruhiro Tsujimoto has revealed the publisher's expectations for upcoming fighting game Street Fighter 6, aiming to punch above previous games in the series and sell a cool 10 million copies.
Read more »
Street Fighter 6 sales target is 10 million, Capcom president says | VGCCapcom's president says the company's sales target for Street Fighter 6 is 10 million units. If achieved, this would easily make it the best-selling game in the series, surpassing the 7 million set by Street Fighter V.
Read more »
Chelsea target midfield quartet as Todd Boehly hopes to make £200m from six homegrown salesChelsea have got a four-man midfield shortlist and Todd Boehly will put eleven players up for sale, including five of 'pure profit'.
Read more »
Northern Ireland new car sales continue to rise in 2023Latest figures show that sales of new cars in Northern Ireland continued to recover in April.
Read more »