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Apple iPhone sales drop, but services and wearables offer a boost

Apple iPhone sales drop, but services and wearables offer a boost

7 years ago
Anonymous $9jpehmcKty

https://www.cnet.com/news/apple-iphone-sales-drop-but-services-and-wearables-offer-a-boost/

In total, Apple posted a fiscal second-quarter profit of $11.6 billion, or $2.46 a share, down 16% from a year earlier. Revenue hit $58 billion, down 5%. Analysts, on average, forecast $2.36 a share on revenue of $57.4 billion, according to Yahoo Finance.

Apple expects to post fiscal third-quarter revenue of  $52.5 billion to $54.5 billion, compared with analysts' prediction of $51.9 billion.