Apple revenue growth slows to 2% in latest quarter

Tuesday 26 January 2016 | 23:30 CET | News
Apple reported revenues for its fiscal first quarter to December 2015 up just 2 percent year-on-year to USD 75.9 billion. The sales were at the low end of its forecast of USD 75.5-77.5 billion. Apple blamed the slower growth on the strong US dollar, saying revenues would have risen 8 percent at constant exchange rates. The company's net profit rose to USD 18.4 billion or USD 3.28 per share, from USD 18.0 billion or USD 3.06 per share a year earlier, and Apple maintained its quarterly dividend at 52 cents a share. While Apple said it set a new record for iPhone sales in the quarter, after the

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.


Already registered?

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


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.


Apple quarterly sales fall 13%, further drop expected in Q2

Published 26 Apr 2016 23:04 CET | World
Apple has reported a drop in revenues for its fiscal second quarter to March, as economic weakness in some countries and the ...

More US consumers buying iPhones from 3rd parties - study

Published 11 Apr 2016 14:01 CET | United States
US consumers are increasingly buying iPhones from third-parties rather than directly from Apple, reports the Wall Street Journal, ...

Apple unveils 4-inch iPhone SE, smaller iPad Pro

Published 21 Mar 2016 19:06 CET | World
Apple has unveiled a new smaller, low-cost iPhone. The 4-inch iPhone SE replaces its previous iPhone 5S at the low-price end of ...

Apple to unveil new iPhone, iPad 15 March - report

Published 03 Feb 2016 14:49 CET | World
Apple is expected to unveil a new iPhone and iPad at an event 15 March, sources familiar with the matter told 9to5 Mac. This will ...

Omzetgroei Apple vertraagt tot 2 procent

Published 27 Jan 2016 08:56 CET | World
Apple heeft de laatste drie maanden van 2015 een omzet behaald van 75,9 miljard dollar, nipt 2 procent hoger dan de omzet in de ...

Apple App Store sets new holiday sales record

Published 06 Jan 2016 16:01 CET | World
Apple's App Store recorded over USD 20 billion in sales last year. The company announced that a new sales record was also set ...

Apple lowers output of latest iPhone models for Q1 - report

Published 06 Jan 2016 09:32 CET | World
Apple is expected to reduce the output of its latest iPhone models by around 30 percent in the January-March quarter compared ...

Apple appoints Williams COO

Published 17 Dec 2015 17:58 CET | World
Apple has appointed senior vice president Jeff Williams as COO, taking up a role that was left vacant when Tim Cook became CEO in ...

Samsung settles Apple patent suit for USD 548 mln

Published 05 Dec 2015 10:24 CET | World
Samsung has agreed to settle for USD 548 million a 2011 smartphone patent suit in which Apple claimed USD 2.5 billion in damages, ...

Apple announces record sales of iPhone 6s, 6s Plus

Published 28 Sep 2015 15:09 CET | World
Apple announced that it has set a new record by selling over 13 million iPhone 6s and iPhone 6s Plus models in the first three ...

Apple unveils new Apple Watch cases, bands, watchOS 2

Published 10 Sep 2015 07:54 CET | World
Apple has unveiled new Apple Watch cases and bands that became available on 9 September, and announced the arrival of WatchOS 2 ...

Apple iPhone 6s to launch 25 September

Published 09 Sep 2015 23:20 CET | World
Apple has unveiled the latest iPhone, with a faster processor, upgraded camera and OS and the 3D touch system for enhanced ...