Apple reduced revenue and profit mainly due to iPhone sales slowed down.
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Apple has released the financial report for the third quarter / 2016 with revenues of US $ 42.4 billion, down 14.5% from the same period in 2015.
In the second quarter and third quarter, Apple's revenue was reduced, mainly due to profit selling the iPhone is delayed. Also, in recent times the Apple product line also does not cause the breakthrough, making Apple's revenue continues to drop.
Apple revenue down 14.5% in Q3 - photo 1
Image Source: techrasa.com
According to Neowin, the key product of Apple in April 3, 5 and 6 continued to decline last. Specifically, Apple sold 40.4 million iPhones (down 14.9% from the same period last year); iPad sold 9.95 million units (down 8.7% over the same period last year) and Mac sold 4.25 million units (down 11.5% from the same period last year).
Apple did not disclose sales of Apple Watch, however, according to research firm IDC, revenue market this product in the last three months also declined, with the number estimated to decrease by 55%.
However, App Store has helped Apple earned $ 5.9 billion, up 19% over the same period last year.
Apple predicted fourth-quarter revenue of about 45.5 to 47.5 billion US dollars, higher than the third quarter, but still lower than in 2015 (51.5 billion dollars).
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