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Positive appeal report despite weak iPhone data



Iphone sales fell by 17 percent over the period and sales for the phone were just over $ 31 billion, slightly below analyst tips.

Profit fell 16 percent compared to the same period last year, reaching $ 11.6 billion. Earnings per share was $ 2.46, slightly more than expected.

Revenues for this period grew to just over $ 58 billion, which also hit analysts' forecasts.

Apple CEO Tim Cook said he was positive for the upcoming period and mentioned, among other things, a sharp increase in IPhone sales at the end of the second quarter. The technology giant also hopes for an agreement between the US and China, where the company has already begun to increase revenues through price adjustments and lower taxes on the iPhone.

Apple now has 390 million registered users and wants to reach half a billion by 2020.

Stock increased in the aftermarket.

Expectations were low before Apple's news. At the beginning of the year, Apple for the first time in 15 years reduced its forecast due to weak sales trends of the iPhone watch and the sale of smartphones should continue to decline.


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