Although Apple managed to sell 50.8 million units of iPhone devices during the first three months of this year, that unit sales figure still failed to clear the 51.4 million units sold projected by Wall Street. Still, in terms of revenue, the $2.10 per share earnings (on revenue of $52.9 billion) posted by the tech giant was better than the $2.02 per share earnings (on revenue of about $53 billion) estimated by industry watchers.
2016 was a forgettable year for Apple -- the phone maker after all saw its iPhone sales decrease for the first ever in its history last year, leading some to think that the company might not be that mighty after all. But after a robust holiday season, Apple seems to have regained its bearings, and analysts from Wall street appear to agree.
In the months leading up to the official unveiling of Samsung’s flagship devices for this year (the Galaxy S8 and the Galaxy S8 Plus), many industry watchers and consumers alike were wondering if the South Korean phone maker would be able to fully recover from its Galaxy Note 7 mess last year.
The last three months of any given year is always a good time for Apple. But the final quarter of 2016 was a record breaking one for the tech giant. In that period, the company registered its best ever quarterly iPhone sales (thanks to the iPhone 7 and the iPhone 7 Plus), selling 78.3 million units of its smartphone devices.
It has been a couple of years since Apple introduced its iPhone 6, its most successful iPhone release ever. Fast forwarding to 2016 and the tech giant never really quite managed to replicate that level of success. What is worse is that sales seem to be getting slower every quarter.
Back in July earlier this year, we reported about Verizon Wireless’ plans to acquire Yahoo for $4.83 billion. In recent weeks however, Yahoo has hit some headlines that frankly does not do itself some favors. What we are referring to, of course, is the massive hack on Yahoo that could be considered the biggest one of its kind in history. The hack exposed the account details of at least 500 million customers.
According to research firm Gartner, global smartphone sales for 2016 will decline, marking two consecutive years of decline since 2015. The newest information from Gartner projects that total smartphone sales will decrease 1.6 percent this year. The company pointed out that the only area seeing growth in 2016 is the market for low cost smartphones that run on Google’s Android mobile operating system, especially those manufactured and shipped by phone makers based in China.
As analyzed by Walter Piecyk of BTIG Research, the strong demand for Apple’s newest iPhone devices (the iPhone 7 and the iPhone 7 Plus), could engineer a return to growth for the tech giant, especially in terms of smartphone earnings during the final quarter of
Well, at least in terms of the volume of preorders in the first 48 hours. Apple’s storied history has shown that when releasing its flagship devices, the smaller iPhone tends to become the buyers’ favorite over the bigger Plus model. But in 2016, the reverse appears to be true. This year, the iPhone 7 Plus has clearly outpaces the iPhone 7, according to information provided by research firm Slice Intelligence.
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