Apple iPhone sales dip in Q2, but Mac strong - News Summed Up

Apple iPhone sales dip in Q2, but Mac strong


Apple reported a surprise fall in iPhone sales for Q2 on Tuesday. 16,03,228 crores) hoard of cash and investments, Apple boosted its capital return programme by $50 billion (roughly Rs. Analysts on average had estimated iPhone sales of 52.27 million, according to financial data and analytics firm FactSet. Despite the dip in unit sales, iPhone revenues rose 1.2 percent in the quarter, helped by a higher average selling price. A 17.5 percent jump in the company's services business - which includes the App Store, Apple Music, Apple Pay and iCloud - to $7.04 billion (roughly Rs.


Source: India Today May 03, 2017 05:03 UTC



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