Apple Reports Record Results: $18.4B Profit on $75.9B in Revenue for Q1 2016 on 74.8M iPhones - Mac Rumors

Apple today announced financial results for the first fiscal quarter of 2016, which corresponds to the fourth calendar quarter of 2015. For the quarter, Apple posted revenue of $75.9 billion and net quarterly profit of $18.4 billion, or $3.28 per ...

Apple Expects First Ever Decline of iPhone Sales Next Quarter - Mac Rumors

Apple CEO Tim Cook confirmed during the company's financial earnings conference call today that iPhone sales will likely decline in the March quarter, marking the first year-over-year decline since the smartphone was released in June 2007. The decline ...

Apple and the Terrible, Horrible, No Good, Very Bad, Record-Breaking Quarter - BGR

Apple bloggers typically have trouble understanding the market's reaction when things turn south after Apple reports a phenomenal quarter, but even they understood investor trepidation following Apple's quarterly report on Tuesday afternoon. At $18.4 ...

Apple's iPhone earnings “stall” was inevitable - SlashGear

For the first time since the iPhone was introduced, growth appears to have stalled. In Apple's earnings call for their financial Q1, 2016, they've revealed that the iPhone's growth (year-over-year) sits at 0% for unit sales growth and just 1% for ...

No Need to Fret, Apple Is Doing Fine - New York Times

Let's get this out of the way first: Despite what you may have heard, the iPhone is not dying. Neither, by extension, is Apple. It's true that in an earnings report on Tuesday, after weeks of speculation by Wall Street that iPhone sales would finally ...

Dual Camera iPhone 7 Plus Could Offer 'DSLR-Like' Quality, 3D Depth Mapping - Mac Rumors

Earlier today, reputable KGI Securities analyst Ming-Chi Kuo said the iPhone 7 Plus will likely have a dual-lens camera system based on technology Apple acquired from LinX Imaging. The new hardware could lead to some significant improvements in ...

Questor share tip: The most worrying chart for Apple right now - Telegraph.co.uk

Apple $95.31 -$4.67. Questor says SELL. Shares in Apple [NASDAQ:AAPL] tumbled more than 4pc yesterday after the company warned that sales are set to slow for the first time in 13 years. Questor is concerned that the world's most profitable company is ...

The iPhone 7 Might Get A Dual-Camera System To Take Better Photos - TechCrunch

Apple will likely unveil the iPhone 7 in September 2016, and a new rumor has surfaced about the camera. According to Ming-Chi Kuo from KGI Securities, the iPhone 7 Plus will come with a dual-lens system option and leverage LinX's technology.

Apple is trying to change its story, and it will not work - Business Insider

The iPhone is out of growth, so Apple wants to be seen as a services company like Amazon, Facebook, or Google. For Apple, services include things like app sales, iCloud revenue, Apple Pay, Apple Music, and iTunes. This is a wonderful idea, but there's ...

Apple iPhone sales flatline as growth falls well short of expectations - The Guardian

An iPhone 6 Plus. Sales of iPhone account for fully two-thirds of Apple's revenues. Photograph: Richard Levine/Demotix/Corbis. Apple. Apple iPhone sales flatline as growth falls well short of expectations. Sales of its top-selling device grew by only 0 ...

Apple stock dives after iPhone sales' growth slows dramatically - Los Angeles Times

Shares of Apple Inc. took a dive the morning after the tech giant reported disappointing quarterly results that showed its revenue growth slowing dramatically and iPhone sales hitting a wall. Apple stock tumbled as much as 5.4% to $94.61 on Wednesday ...

China's consumers deliver for Apple—but for how long? - CNBC

As analysts and investors eye prospects for Apple stock, many are drilling down on the company's sales and earnings prospects in China, its biggest overseas market. On Wednesday, the company's stock was down as much as 5 percent, a day after the tech ...

As iPhone sales slow, what's in the future for Apple? - Christian Science Monitor

Apple announced its best quarter yet on Tuesday, but will the company be forced to strategize as iPhone sales flatline? The company announced $18.4 billion in profit, and $74.8 million in iPhone sales for Apple's first quarter of fiscal year 2016 ...

Wall Street adjusts Apple expectations after Tim Cook 'rips the Band-Aid off' - Apple Insider

Though Apple had a respectable December quarter, the company's outlook for the following three months calls for iPhone sales to decline for the first time ever. Analysts on Wall Street responded by trimming their price targets, though most still ...

A Small Part of Apple's Business Is As Big As Starbucks - TIME

The Cupertino, Calif. firm narrowly dodged the iPhone's first ever sales drop, with revenue from the device up just 1% year-over-year. Growth in China, the company's second-largest source of revenue, is slowing amid economic turmoil there (a strong ...

Apple's new $20 billion business - CNNMoney

With so much focus on how many iPhones, iPads and Macs Apple sells, it's easy to forget that Apple continues to make a ton of money on its customers even after they walk out the door with their iGadgets. When customers turn on their Apple devices, they ...

Apple's Tim Cook speaks: 6 juicy revelations - CNET

Apple CEO Tim Cook loves it when people jump from Android devices to the iPhone. Josh Miller/CNET. You'd think Apple CEO Tim Cook would take a victory lap after his company reported the most profitable quarter in history, again. Instead, Cook used ...

Apple Earnings: A Closer Look At What the Numbers Mean - Nasdaq

Apple (AAPL) released its Q1 2016 earnings, which covers the period from October to December. The company posted a record quarterly revenue of $75.87 billion and record quarterly net income of $18.4 billion or $3.28 per diluted share. The revenue ...

Tim Cook explains why iPhone sales will decline for the first time in history - BGR

As is typically the case, the strength of Apple's recent earnings report really depends on how you choose to prioritize the report's more important data points. On one hand, for example, Apple just posted the most successful quarter in corporate ...

Here's why Apple sells 16GB iPhones and iPads (and why they're not going anywhere) - ZDNet

Apple's financials for Q1 16 are out, and while on the surface it seems that Apple had a very good quarter, the truth is that iPhone sales appear to have stalled, and iPad sales are in a nosedive. Now 75 million iPhone sales, and a further 16 million ...