It didn't sell as many iPhones as some expected
Apple’s third quarter results easily beat its own guidance and the Street’s consensus, with sales of 47.5 million iPhones and 4.8 million Macs, more than making up for expected weakness in iPad sales.
Apple failed, however, to beat some of the more bullish forecasts for iPhone sales; shares quickly dropped more than 7% in after-hours trading.
Watch sales remain a mystery. CFO Luca Maestri told Reutersthat sales beat internal expectations, but didn’t say what they were.
“We had an amazing quarter, with iPhone revenue up 59% over last year, strong sales of Mac, all-time record revenue from services, driven by the App Store, and a great start for Apple Watch,” said Tim Cook in a press release. “The excitement for Apple Music has been incredible, and we’re looking forward to releasing iOS 9, OS X El Capitan and watchOS 2 to customers in the fall.”
No comments:
Post a Comment