ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Apple Q3: revenue, profit and sales fell iPhone; Money from the App Store a record high

Updated on July 27, 2016

Apple has released the financial report for the 3rd quarter of fiscal year 2016 with revenues of US $ 42.4 billion, down 14.5% compared to the same period last year. In terms of profitability, the company recorded net income of $ 7.8 billion, also down 27%. And though such reduction but the actual result was higher than expected revenue 42.11 billion from Wall Street investors. In the past three months, Apple sold 40.4 million iPhones , lower than the figure of 47.5 million units last year but still higher again than the expectations of analysts. This is the 2nd consecutive quarter iPhone sales is reduced.

The same is happening with the iPad : Apple sold 10 million units in Q3, down 9% compared to the year 2015, and 7% higher than Wall Street expectations. However, in terms of revenue, the proceeds of the iPad has increased by 7% compared to the same period last year to $ 4.8 billion, which stems from the new iPad Pro has higher prices than those previous generations. In the recent quarter iPad sales decreased continuously because users often spend the smartphone out of 5 "to do always the multiple functions of the iPad, in addition to the lifecycle of the iPad also much longer than the iPhone (3-4 years change once). still do not see what prompted Apple to Apple Watch and numbers. Currently this line of watches still are grouped into the category "other products" with $ 2.2 billion of revenue, down from the same period last year (2.6 billion). The analyst also recently launched Apple Watch report declining sales somewhere around 55%. There is a bright spot in the financial statements today: Apple says the how much it earns from the App Store is the highest ever, higher than the company's own expectations at the beginning of the quarter. for the whole service department that is in the App Store, the company earned 5.9 billion, an increase of 19%.

Currently Apple is also investing heavily on online services in order to earn more money from customers who purchased Apple hardware. Apple last quarter and this quarter decreased revenue, profit is mainly is due to iPhone sales slowed down, while Apple has not launched a product line that really sucked as duo iPhone 6 and iPhone 6 Plus. Apple's also acknowledged this and said that this is a break clause before the company switched on again. Apple predicted revenue in the next quarter at around 45.5 billion to $ 47.5 billion, higher than this quarter but still lower than last year (51.5 billion dollars).


    0 of 8192 characters used
    Post Comment

    No comments yet.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)