Apple’s latest results have disappointed

The company’s quarterly data isn’t bad, but it’s not particularly good either. The numbers really show that the new iPhones came out a month later this year.

Apple also released its quarterly report, which did not dazzle investors, as evidenced by a 5 percent drop in the company’s stock price. Although revenue of $63.7 billion was minimally above market expectations, while the Services and Mac businesses reached an unprecedented record, iPhone sales were down 20 percent year-over-year . New iPhone sales are very much showing that Apple is several weeks behind it. Last year, the iPhone 11 and iPhone 11 Pro were released on September 20th, while the iPhone 12 this year is more than a month later, on October 23rd, and the iPhone 12 Pro is expected to be released on November 13th. The big question is, how does it cover the entire product release schedule: can the iPhone 12 and 12 Pro expect a shorter life cycle than its predecessors, or will October / November be Apple’s new fall mobile launch date?

As for the rest of the data, Mac sales were $9.03 billion, with iPads making up $6.8 billion. Revenue from wearable assets was $7.87 billion and revenue from services was $14.55 billion. Interestingly, a third more services were received last year than from iPhone sales, this year the ratio has changed to 1: 2. The stock market wasn’t even excited about the fresh data, but everyone is confident that next quarter, including Christmas shopping, will put Apple’s box office in order.

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