Apple iPhone sales fall

Apple has reported a 13% drop in its second quarter revenue – the first fall in sales for the company since 2003 

Revenue

Net profit ($ billions)

Q1

74.6 18.00 2015

75.9 18.4 2016

Q2 2016: Sales in China fell 26%. Results also hit by
impact of strong dollar

58.0 13.6 2015

50.6 10.5 2016

Q2 sales and change over same quarter 2015

iPhones 51.19 million Down 16%

iPads 10.25 million Down 19%

Macs 4.03 million Down 12%

Source: Apple