Wednesday, October 26, 2016

Business Apple again reduced. Earned $ 9 billion, but they have more problems in China Gazeta.pl

Apple’s Revenue in the latest quarter were at the level of 46.9 billion dollars. Compared to the previous quarter, we, respectively, an increase of 11%. However, when comparing the statistics year-on-year, out, here a decrease of 9%. Look really bad data on the activities of Apple in the Chinese market – where we have falling incomes up to 30 percent.

Apple's earnings report for Q4 2016source: Apple

‘t Worry, it may also reduce 7 percent of turnover in the most lucrative market – the us. All major Apple products are sold is worse than a year ago. Sales of iPhones fell by 5 percent, ipad at 6 percent, and Mac to 14 percent. Also decreases in the average price of the iphone: a year ago it was at 670$ , now it is only $ 619.

looks Great, for this growth – 24%, – income from services (iCloud, Apple Music, etc.), but it’s still a small part of the company’s business to compensate the decline in sales of iPhones.

After publication of the results, Apple shares fell 2.8 percent. The difference is small for several reasons. First, the results have been minimally better from earlier expectations. Second, summarizing the financial results, Apple CEO Tim cook assured about the excellent reception of new clients of the company’s products, particularly the iPhone 7 and 7 Plus, and Apple Watch smartwatcha Series 2.

stock Quotes Applesource: www.cnbc.com

third, the company said optimism for the next quarter – expects it from 76 to 78 billion DOLLARS in revenue. It’s a bit more than in the last quarter of 2015.

also impressed by a powerful reserve of cash, which has at its disposal the Apple. In the last three months even increased it by 6.1 billion us DOLLARS and has more than 237,6 billion. It is so much, how much it is worth exactly 50 percent stake in Microsoft.

For the money it would be theoretically possible to acquire a controlling stake in Facebook (192 billion DOLLARS), or the entire “Coca-Cola” (184 billion DOLLARS). This money would also Fund a program of 500 plus another 43 years.

Apple published the results for the last quarter at the same time summed up its entire fiscal year, which is shifted relative to the calendar month of the three – count from September to September. During the year the company was the fall in revenue of 7.7% and net profit decline of 14.4 percent. Thus the largest company in the world took place in the first year of the shrinkage of your business since 2001. Then, however, was a completely different company – less, less important, even without the iPhones, which appeared only in 2007.

SEE ALSO: “the Next iPhone needs to be just a piece of glass.” Apple is preparing something exciting

the Falling stock price of Apple by 2.8% means that the value of the company fell by more than $ 18 billion. Still, however, it is definitely the most valuable company in the world – its market value is currently $ 619 billion.

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