Apple's Q2 2016 Financial Report Shows Sales Are Down

Discussion in 'Apple & iPhone News' started by PhilSynowiec, Apr 26, 2016.

  1. PhilSynowiec

    PhilSynowiec News Team Staff Member

    Jun 15, 2010
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    Bay Area, CA
    On Tuesday, Apple announced its earnings report for the seconds quarter of 2016. As predicted by several analysts, Apple's second fiscal quarter iPhone sales had its first ever decline. Below is a list breaking down Q2 2016 versus Q2 2015.

    Revenue: $50.6 billion (2016) vs. $58 billion (2015)
    iPhones: 51.2 million (2016) vs. $61.2 million (2015)
    iPads: 10.2 million (2016) vs. 12.62 million (2015)
    Macs: 4 million (2016) vs. 4.56 million (2015)

    Previously, Apple warned investors that the company would see a decline in sale during its previous earnings call. While sales are down, Apple still has two more quarters to fulfill of the fiscal year.

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