Apple, iPhone sales decreased by a quarter of the previous quarter. The company’s revenues continue to increase.
One of the world’s largest technology companies, Apple, the first three months of 2019 income-profit balance and announced the status of iPhone sales. According to the data, iPhone sales recorded a record decline of 17% in the first quarter of the year. Due to this decline in revenue from iPhone sales fell to $ 31 billion.
Apple’s total income in the first quarter of the year was $ 58 billion, the net profit was $ 11.6 billion. Tim Cook, CEO of Apple, said that iPhone sales have started to increase by the end of March thanks to campaigns and discounts. ve Business relations are better than the previous quarter. The atmosphere is better. All of them benefited us. S
Apple is trying to create alternative revenue sources because of the decline in iPhone sales. The company focuses its new revenue model on subscription services rather than on hardware products.