Apple profits dip as iPhone sales weaken
03-05-2024 13:32 via retailgazette.co.uk

Apple profits dip as iPhone sales weaken

Apple has reported a dip in second quarter profits and sales as demand for its iPhone models weakens across almost all of its markets worldwide.
Profits for the technology retailer slipped 2% to £18.82bn ($23.6bn) in the three months to 30 March, down from £19.2bn ($24.2bn).
Sales dropped 4% to £72.5bn ($90.7bn), making it the steepest decline in over a year, with only Europe recording postive growth.Subscribe to Retail Gazette for free
 Sign up here to get the latest
Read more »

Retail news



Can Nike veteran Elliott Hill turn ‘the swoosh’ around?
Seasalt names Peloton exec as new CFO
Seasalt names Peloton exec as new CFO
Packaging tax will raise price of many everyday items, say UK firms
Packaging tax will raise price of many everyday items, say UK firms
Mars brings Marathon name back in UK as nostalgia rises for retro sweets
Sell, sell, sell: corporate styling breaks out of the office and into fashion
Sell, sell, sell: corporate styling breaks out of the office and into fashion
American Golf sales and market share rise despite wet weather
American Golf sales and market share rise despite wet weather
Uniqlo opens doors to Coal Drops Yard flagship
Uniqlo opens doors to Coal Drops Yard flagship
The private life will not suit US department stores
Total visibility of your IT landscape with instant insights
Total visibility of your IT landscape with instant insights
Boohoo Group opens new showroom for flagship brands
Boohoo Group opens new showroom for flagship brands
Consumer confidence tumbles despite uplift in retail sales
Consumer confidence tumbles despite uplift in retail sales
Retail sales rise in August despite waning consumer confidence
Retail sales rise in August despite waning consumer confidence
WH Smith announces next round of Toys“R”Us shop-in-shop openings
WH Smith announces next round of Toys“R”Us shop-in-shop openings
WH Smith announces next round of Toys“R”Us shop-in-shops openings
WH Smith announces next round of Toys“R”Us shop-in-shops openings
Desktop versie