0
Wireless

Apple quarterly revenue growth slows to 1% as iPhone, China sales fall

Friday 30 October 2020 | 08:49 CET | News
Apple reported revenues of USD 64.7 billion for its fiscal fourth quarter to September, up just 1 percent from a year earlier. Growth came from Mac computers and services, offsetting a drop in iPhone sales ahead of the release of new products in October. The company's net profit fell to USD 12.7 billion from USD 13.7 billion on an increase in R&D and other operating costs. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Apple
Countries: World
::: add a comment
This article is part of dossier

5G

,

iPhone


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Apple quarterly revenues jump 21% on strong demand for 5G iPhones

Published 27 Jan 2021 23:11 CET | World
Apple reported a strong improvement in sales in its fiscal first quarter to December, with revenues up 21 percent year-on-year to ...

Apple to ramp up iPhone production by 30% in H1 2021 - report

Published 16 Dec 2020 15:54 CET | United States
Apple plans to increase the manufacturing of iPhones by 30 percent to up to 96 million units in H1 2021, to meet increased ...

Apple starts selling Fitness+ subscriptions, intros AirPods Max headphones

Published 08 Dec 2020 15:46 CET | World
Apple announced that its new service Apple Fitness+ will launch 14 December. First announced in September by the company for a ...

Apple introduces own M1 chip for new line of Macs

Published 11 Nov 2020 09:28 CET | World
Apple has introduced its own Arm-based processor for its new line-up of Mac computers, moving away from Intel chips. The company ...

Apple shareholders allowed to sue over allegations of misleading CEO sales comments

Published 09 Nov 2020 09:23 CET | United States
Apple has been ordered to face a proposed class-action lawsuit by shareholders who accused CEO Tim Cook of concealing falling ...

Apple starts selling Apple One packages

Published 02 Nov 2020 17:10 CET | World
Apple has introduced its Apple One package of services to customers, as first announced in September. The package come in two ...

Weekly news summary: Q3 earnings show rebound, new fibre ventures take shape

Published 02 Nov 2020 09:24 CET | World
The past week's news was dominated by earnings reports. Most companies showed a bounce back from the weak results of Q2 during ...

Global smartphone sales recover in Q3, Xiaomi overtakes Apple in third spot

Published 30 Oct 2020 14:41 CET | World
The global smartphone market contracted 4 percent year on year in the third quarter to 365.6 million units, hurt by ongoing Covid ...

Apple launches orders for new iPad Air in over 30 countries

Published 19 Oct 2020 10:26 CET | World
Apple announced the start of pre-orders on its new-generation iPad Air at prices starting at USD 599 for Wi-Fi models and USD 729 ...

Apple introduces four iPhone 12 models with 5G

Published 14 Oct 2020 09:05 CET | World
Apple has unveiled its first 5G iPhones. The iPhone 12 and iPhone 12 Pro models go on pre-sale from 16 October in over 30 ...

Apple waives app commission for online events until year-end

Published 28 Sep 2020 12:00 CET | World
Apple is giving some temporary relief to businesses holding online events, waiving its 30 percent commission on app purchases for ...

Apple introduces new watches, tablets, launches Apple One, fitness subscription services

Published 16 Sep 2020 09:02 CET | World
Apple has released several new products at its 'Time Flies' online event. These include the Apple Watch 6 series, the lower cost ...

Apple maintains growth in June quarter, revenues up 11% on demand for Mac, iPad

Published 31 Jul 2020 08:16 CET | World
Apple reported a solid set of results for its fiscal third quarter to June. Revenues rose 11 percent to USD 59.7 billion, and ...





Calendar   /   Industry Events

29 Jul Telenet Q2 2021
29 Jul Liberty Global Q2 2021
29 Jul Consolidated Communications Q2
29 Jul Telefonica Q2 2021
29 Jul Orange Q2 2021
29 Jul Digital Realty Q2 2021
29 Jul Limelight Networks Q2 2021
29 Jul CyrusOne Q2 2021
29 Jul CoreSite Q2 2021
29 Jul STMicroelectronics Q2 2021
29 Jul Millicom Q2 2021
29 Jul Samsung Electronics Q2 2021
29 Jul Poly fiscal Q1
29 Jul Skyworks fiscal Q3
29 Jul Casa Systems Q2
29 Jul Citrix Systems Q2
29 Jul Amazon Q2
29 Jul Airtel Africa Q2 2021
29 Jul T-Mobile US Q2 2021
29 Jul Comcast Q2 2021
29 Jul Nokia Q2 2021
29 Jul BT fiscal Q1
29 Jul American Tower Corp Q2 2021
29 Jul Fortinet Q2
29 Jul Vodacom fiscal Q1
29 Jul Cellnex Q2 2021
29 Jul Hrvatski Telekom Q2 2021
30 Jul Proximus Q2 2021
30 Jul Charter Communications Q2 2021
30 Jul Shentel Q2 2021
30 Jul NEC fiscal Q1
::: More Calendar Items