Thursday, 31 October 2013

Apple iPhone success but net income down

Apple has suffered a decline in annual net profit for the first time in 11 years despite the iPhone sales increasing 26% and setting a new record for the quarter ended in September.
Apple announced Monday financial results for the fourth quarter of fiscal year 2013 ended September 28, 2013. The Californian firm has recorded quarterly revenue of $ 37.5 billion and net quarterly profit of $ 7.5 billion. Recall that the turnover of the previous quarter was $ 36 billion with a net profit of $ 8.2 billion.
Information to remember is that Apple has actually seen its annual profits decline for the first time in eleven years, despite an increase in turnover. Is this the beginning of a new era for the star firm or a simple accident due to the planning of the renewal of the iPhone and iPad ranges?
The iPhone sales up
Apple sold 33.8 million iPhone in the quarter against 26.9 million in the same quarter last year.During the quarter, Apple also sold 14.1 million iPad, against 14 million in the same quarter last year. Sales of the tablet of the company to Apple so they tend to stagnate, but should start with the launch of the new range ..
Finally, Apple also sold 4.6 million Macs, compared to 4.9 million in the same quarter last year.

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