IPhone Sales In The Lower Target, Apple Shares Slump
Follow @mibimiboIPhone Sales In The Lower Target, Apple Shares Slump | The financial statements of the company in the final quarter of 2013 one by one began to be revealed. Apple Inc reported impaired by 7% stake in the bourse after reporting sales results he got. This blog about Information Technology and The Latest Gadgets.
The decline in the stock price due to sales of the iPhone in the first quarter of the fiscal year can not meet the target set by analysts. Wall Street analysts previously set targets iPhone sales reach 55 million units by the end of December 2013 yesterday.
However, iPhone sales was only able to reach 51 million units. This means that the target is installed by the unattainable analysts.
Meanwhile, according to that reported by Phone Arena, Apple successfully sold 26 million units of the iPad, the number rose from 22.9 million units in the same period last year. One Apple executive said that strong growth in the emerging markets of developing countries like China and Latin America.
In its financial statements, Apple posted a net profit of USD 13.1 billion from USD 57.6 billion in total revenue. Apple's profit margin achieved also decreased from 38.6% to 37.9%.
Although iPhone sales did not reach the target and profit margins decline, fortunately on the side managed to slightly surpass Apple's revenue amount USD 57.5 billion analysts were installed.
Companies based in Cupertino, California was also already put sales forecast of around USD 42 million to USD 44 million in the first quarter of fiscal year 2014. While analysts predict sales of Apple's upcoming quarter will reach $ 46 million thanks to a deal with China Mobile, the largest carrier in China that Apple's new towed.
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However, iPhone sales was only able to reach 51 million units. This means that the target is installed by the unattainable analysts.
Meanwhile, according to that reported by Phone Arena, Apple successfully sold 26 million units of the iPad, the number rose from 22.9 million units in the same period last year. One Apple executive said that strong growth in the emerging markets of developing countries like China and Latin America.
In its financial statements, Apple posted a net profit of USD 13.1 billion from USD 57.6 billion in total revenue. Apple's profit margin achieved also decreased from 38.6% to 37.9%.
Although iPhone sales did not reach the target and profit margins decline, fortunately on the side managed to slightly surpass Apple's revenue amount USD 57.5 billion analysts were installed.
Companies based in Cupertino, California was also already put sales forecast of around USD 42 million to USD 44 million in the first quarter of fiscal year 2014. While analysts predict sales of Apple's upcoming quarter will reach $ 46 million thanks to a deal with China Mobile, the largest carrier in China that Apple's new towed.
See also :
