Apple has announced its fiscal Q3 results, revealing that it sold a total of 40.4 million iPhones in the quarter, which translates into a drop of 15% Y-o-Y, making it the second straight quarter when iPhone sales have seen a drop. The 40.4 million sales figure was, however, slightly better than the average market forecast of 40.02 million. Given that iPhone accounts for almost two-thirds of the Cupertino company's sales, the total revenue for the quarter was down 14.6%. Net profit was down as well, falling 27%. With iPhone sales dropping in China as well as mature markets, there's...
Source: http://www.gsmarena.com/iphone_sales_drop_for_second_straight_quarter_india_a_rare_bright_spot-news-19635.php
