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That drop may be steeper this year in part because some European countries got the iPhone sooner than in the past, he noted. Still, iPhone supplies fell short until late in the first quarter, which could help second-quarter results. "On net, we believe that consensus and our revenue forecast point to the potential for upside," Sacconaghi said. Apple is expected to report earnings of $2.16 a share on $56.06 billion in revenue, according to analysts polled by Thomson Reuters. In January, Apple, which tends to low-ball its forecast, projected sales of $52 billion to $55 million, which was largely in line with Wall Street's estimates at the time.
Wall Street expects Apple to forecast revenue of $47.06 billion for the fiscal third quarter, which ends in June, The wildcard in the quarter could be China, While Western markets such as the US tend to buy more devices at the end of the calendar year, China tends to spend more around its New Year in February, China became the world's largest smartphone market in 2011 and now is home to almost 520 million smartphone users, Apple has been working to gain market share in the country by reaching deals with major carriers in the region, An agreement with the world's largest carrier, China Mobile, gives iphone 0682 case Apple access to more than 800 million subscribers..
China came close to passing the US as Apple's biggest iPhone market in the fiscal first quarter. The company generated $16.1 billion in revenue in Greater China in the period, up 70 percent from the same quarter a year ago. In mainland China, sales more than doubled from the previous year. Greater China -- which includes mainland China, Hong Kong and Taiwan -- represented 22 percent of Apple's total sales during the quarter ended December 27. Analysts at Trefis noted that Apple's fiscal second quarter "will be all about China.""We believe that iPhone sales in Greater China will be the biggest driver of quarterly earnings given the Chinese New Year shopping season that occurred in February, China Mobile's rapid 4G user additions and an improved supply-demand balance for the iPhone 6 and 6 Plus, both of which remained undersupplied over the previous quarter," they said last week.
The iPad has been the yin to the iPhone's yang, The tablet, which hit its five-year anniversary earlier this month, posted its fourth consecutive decline in the first quarter as consumers opted iphone 0682 case for large phones over Apple's tablet computers, Unit sales for the iPad dropped 18 percent to 21.4 million in the period ended December 27, slightly below analysts' predictions of 21.5 million, Apple introduced its newest tablets -- the iPad Air 2 and the iPad Mini 3 -- in October, but analysts said their incremental changes, including faster processors, weren't enough to attract buyers, Instead, many customers either opted for older models or bought an iPhone 6, which has a larger screen than the 4-inch display of the iPhone 5..
Investors and analysts have questioned for months whether the iPad's declining shipments are a temporary hiccup or a troubling trend. Apple has long claimed iPad weakness is a "speed bump.""I think we'll see a similar trend to what we were seeing in the last few quarters," said Jan Dawson, chief analyst at Jackdaw Research. "The trend will carry on for another quarter or two, but it's possible things will start picking up later this year."Sales of the iPad are expected to remain weak in the second quarter, down about 14 percent from the previous year to 14.1 million, according to an analyst poll by Fortune.
At the same time, Mac sales have been strong, Apple sold 5.52 million Macs, up from 4.84 million a year ago and higher than the 5.51 million projected by analysts, Macs accounted for 9.3 percent of sales, and revenue from the computers reached a record high of $6.94 billion, Apple earlier this month released a redesigned MacBook that's lighter and thinner than any iphone 0682 case of its earlier computers, The device is expected to contribute to financial results in the third quarter, Tune back to CNET after 1 p.m, PT Monday for full coverage of Apple's earnings..
People may be curious about the Apple Watch, which got delivered to customers around the world on April 24. But when it comes to money, Apple's first wearable won't even be a blip in its financials. The Apple Watch, which was delivered to customers around the world starting last week, may be what everyone's talking about right now. Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.
I wonder if there exists an American who hasn't, at some point in their lives, been surveyed, So keen are marketing companies to know what people (claim to) think that they must be e-mailing and calling at all hours, just to hear feelings and verdicts, Of late, scores of research results about the Apple Watch have exposed themselves beneath my brows, Some are plainly lunatic, Others may be lunatic but accidentally offer a possible insight into human perception, One that just iphone 0682 case drifted exclusively into my view examined what sort of people will be using their new Apple Watches to pay for their lattes at Starbucks and their lacies at Macy's..