Q2 2016: Apple is expected to announce the first decline in revenues after 13 years
This is probably one of the less prosperous for Apple, the company from Cupertino, in fact, should today announce that, according to the forecast, the first decline in revenue since 2003, putting the word end to a long period of 13 years of great growth.
The company is expected to reveal during the conference on financial results in the last quarter, sales fell 10%. The news is not too surprising, Apple had already announced in January that sales would decrease in the following months.
The reason of this situation is probably the decline in sales of the iPhone, the device that over the years has ensured the incredible economic revenue. Probably Apple will announce what the devices shipped in the last quarter of the financial have been between 50 and 52 million euro compared to 61 million last year.
This is a decline, but not a tragic situation. Apple is a company very strong, which has managed over the years to gain the trust of millions of users. Of course, the decline in sales of the iPhone, a pillar of this company, it is important that certainly will not be underestimated.
We remind you that the conference on financial assets on the Q2 2016 will be held today, 26 April, at 21:00 Italian time.