Many reports claim that iPhone 7 will arrive sometime this year, and if it happens, Niantic’s game would eventually help Apple’s sales growth, especially for iPhone 7.
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Last month, iPhone turned 9 years old, and we’re pretty sure that we used nearly all the iPhone versions that the Cupertino company released since June 29, 2007.
Apple late on Tuesday reported better than expected iPhone shipments during its fiscal third quarter, but volumes were still noticeably lower compared to a year ago.
A slowdown in sales in its Asian markets were one of the major reasons for the declines, with a 33% drop in Greater China – China, Hong Kong and Taiwan.
Apple’s profits dropped 27% in the second quarter of the year – partly driven by sales in China falling by a third.
Apple’s iPhone sales have suffered another loss, despite the company beating its financial forecasts for the third quarter.
Apple expects to make fourth-quarter revenue of between US$45.5bn to US$47.5bn, ahead of the market consensus of about US$45.7bn. “We had a very successful launch of iPhone SE and we’re thrilled by customers’ and developers’ response to software and services we previewed at WWDC in June”. With the iPhone 7’s reveal and launch around the corner, Tim Cook & co. will be hoping that the new device will see them return to the kind of record-breaking profits they saw with the launch of the iPhone 6.
Apple is selling fewer iPhones, iPads and Macs when compared with this time past year.
In after hours trading, Apple shares grew more than 6 percent. Apple has also managed to get a relaxation from the government over local sourcing norms.It would still be unfair to compare India and China just on growth rates as India contributes just 1% to Apple’s revenues, while the share of China is estimated at almost 25%.
Apple chief executive Tim Cook said the results reflected “stronger customer demand. than we anticipated”.
Revenue from Apple Music, the App Store, and iCloud Storage jumped 19 percent from a year earlier to $5.98 billion.
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The iPhone catapulted Apple to become the most valuable business in the world and continues to account for the majority of Apple’s revenue.
