Tuesday, October 25, 2016

Apple earnings fall for third quarter in a row – E24

In the fourth quarter (in a shifted fiscal year) had the Apple turnover 46,9 billion dollars. There is a decrease from the same quarter of last year, when the company had a turnover of 51,5 billion dollars.

the Result ended on 1,67 dollars per share, down from 1,96 dollars per share in the same quarter of the previous year.

This means that Apple for the first time since 2001 had a årsomsetning lower than the year before. It is caused by among other things, increased competition from chinese mobile suppliers, according to Reuters.

In the aftermath of the resultatslippet has Apple stock dropped by nearly 2 percent.

Revenue as expected

But even though the outcome is somewhat worse than in the last year, mobilgiganten, reported an encouraging sales of mobile phones.

Total sold the company 45,5 million iphones in the three months. Had previously the analysts expected that the company would sell 44.8 million phones, according to Reuters.

There is still the third quarter in a row of declining telemarketing for Apple, despite the fact that the quarter included two weeks of sales of the company’s new flaggskipmobil iPhone 7.

The other key figures who mobilgiganten presented late Tuesday night was more in line with expectations.

A rundspørring conducted by Thomson Reuters shows that analysts already expected that revenue will remain at the 1.65 dollars per share, according to the Wall Street Journal.

It was also expecting a turnover of 46,9 billion dollars, down from 51,5 billion dollars in the same period last year.

In the current quarter are, however, expecting the company a powerful inntektshopp to between 76 and $ 78 billion.

Disappointed in China

China has been seen as the market may be Apple’s rescue, although sales in the asian country disappointed in the summer.

In the fourth quarter fell proceeds from there, with 29 per cent.

Apple is one of the companies who have earned the Samsung scandal the last time. Apple competitor has notified the disposal of its new smartphone, the Galaxy Note 7, due to fire and explosion.

While Samsung shares has gone downhill, the Apple stock experienced a boom.

But as the scandal really started rolling only after the quarter was over, it has not managed to affect the quarterly results.

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