Apple’s dominance in the mobile market is beginning to look fragile after the company’s fiscal first quarter earnings revealed underwhelming iPhone sales.
The Silicon Valley giant admitted that sales of its iPhones had missed expectations after it sold 74.8 million iPhones in the quarter, falling short of the 75.46 million target.
Apple chief executive, Tim Cook, said on the company’s earnings call that he expects iPhone sales to decline in the next quarter which would be the first decline in iPhone sales since its 2007 launch. A slide in tech company’s mobile sales would a costly blow given that they accounted for Read full story ›
Source: The Drum
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