Apple declares first YOY sales decline in 15 years.
Quote:
Apple on Tuesday said its annual revenues declined for the first time since 2001, as the world’s biggest company reported that iPhone sales fell for the third quarter in a row.
Still, Apple struck an upbeat tone on the current quarter, which is generally its strongest, saying that it expects revenues to rise by at least 1 per cent.
So they'll still win
What did they do to lose so much revenue in 2001 though?
Not when i bought my first iphone ever last week
Well, their phones are not so exciting as before and the competition is getting bigger. Plus the sales of overall smartphones are hitting new low.Everyone has a smartphone and i guess everyone is happy with it.
Apple deserves bigger loss and finally upgrade their iphones.