For as soon as, the iPad was the spotlight of Apple’s newest gross sales numbers.
The corporate mentioned in its third quarter earnings report that iPad sales increased year-over-year, from $5.8 billion to $7.2 billion. The rationale for that progress might be new variations of the iPad Air and iPad Professional, which have been introduced in Might. Seems that if Apple really invests in iPads, they promote.
In distinction, world iPhone gross sales have been down for the second quarter in a row, falling to $39.3 billion. As you possibly can inform by evaluating these numbers, smartphones are nonetheless much more vital to Apple’s backside line.
So why are iPhone gross sales down? Apple’s largest problem appears to be in China, which is its third largest market, and a rustic the place iPhones face rising competitors from Chinese language corporations like Huawei. Apple has responded to that competitors by aggressively chopping costs, which resulted in sturdy gross sales in Might.
Hit play to study extra, then tell us what you assume within the feedback!
