Apple reported its fiscal second quarter earnings this afternoon. The tech titan said that it fell short of Wall Street expectations pertaining to iPhone sales. With analysts expecting about 52 million iPhone handsets to have been rung up in the three months ended in March, Apple said that 50.8 million units were actually sold. CEO Tim Cook told CNBC that it the company is noticing "a delay in purchasing behavior." That could be due to the 10th anniversary Apple iPhone 8 that is expected to come with many new features including an AMOLED screen. Consumers could be holding off on purchasing a new ...Tuesday, 2 May 2017
Apple misses the mark, sells 50.8 million iPhone units in fiscal Q2 vs. expectations of 52 million
Apple reported its fiscal second quarter earnings this afternoon. The tech titan said that it fell short of Wall Street expectations pertaining to iPhone sales. With analysts expecting about 52 million iPhone handsets to have been rung up in the three months ended in March, Apple said that 50.8 million units were actually sold. CEO Tim Cook told CNBC that it the company is noticing "a delay in purchasing behavior." That could be due to the 10th anniversary Apple iPhone 8 that is expected to come with many new features including an AMOLED screen. Consumers could be holding off on purchasing a new ...
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