Apple's late iPhone launch temporarily wiped $100 billion off its stock value
The late launch of new 5G phones caused Apple Inc's customers to put off buying new devices, leading the company on Thursday to report the steepest quarterly drop in iPhone sales in two years.
Fri Oct 30 2020
Apple defies Wall St. with strong revival in iPhone sales
The iPhone sales numbers, and a profit of almost $18 billion, both handily beat Wall Street expectations, sending its shares up 3 percent in after-hours trading.
Wed Feb 01 2017
Apple reports 5 percent dip in iPhone sales
Apple reported another quarter of falling iPhone sales Tuesday, underscoring worries that the firm relies too heavily on a flagship product that's running out of steam.
Wed Oct 26 2016
Revenue down, but Apple edges past expectations
Despite doubts about Apple's iPhone business, the company scored a win Tuesday by surprising analysts with the smartphone's continuing appeal.
Wed Jul 27 2016
Analysts see no imminent rebound in Apple's iPhone sales
Analysts at Canaccord Genuity Inc. are telling clients that iPhone sales, which have been struggling, aren't going to get a boost this quarter.
Wed May 18 2016
First drop in iPhone sales, Apple revenue streak ends
Apple on Tuesday reported its first-ever drop in iPhone sales since launching the smartphone in 2007 as the tech giant's long streak of rising revenue ended.
Wed Apr 27 2016
Samsung dominates 2015's record global smartphone sales
More than one in five of the smartphones sold in 2015 were Samsung models.
Thu Feb 18 2016
Apple warns iPhone sales to fall for first time
Apple raised the specter of the end of a technological era after reporting Tuesday the slowest growth sales ever of its market-leading, life-changing iPhone and warning it expects worse to come.
Wed Jan 27 2016
Apple investors focus on iPhone sales for the holiday quarter
Apple Inc painted a rosy picture for its new iPhones as it reported quarterly results on Tuesday, but investors were more focussed on topping last year's record holiday sales.
Wed Oct 28 2015
Apple profit hits new high on rocketing iPhone sales
Apple's quarterly profit soared to a record $18 billion on the back of booming iPhone sales, especially in China
Wed Jan 28 2015