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Apple sold in China, more iPhones

Apple , after record-high revenue on the iPhone is light at the end of the tunnel. Especially for the important market in China, companies head to Tim Cook showed up on Tuesday with the publication of the quarterly figures confident.

"The sales of the iPhone have gained in the last weeks of the second quarter, and we have also seen in China," he said in an Interview with the Reuters news Agency. This and the strong demand for other products such as the Apple Watch, the voice of the group is confident that it will go slightly uphill.

In China, had lowered the Smartphone manufacturer recently, the prices for iPhones. Apple shares rose after the close of trading on Wall Street by five percent. In addition, the iPhone releases group purchase through a share buyback and a further 75 billion dollars to investors, which is likely to have contributed to the joy in the capital markets. The forecast for the current quarter was higher than analysts expected.

group chief optimistic

Cook had to give at the beginning of the year for investors, completely unexpectedly, that Apple had underestimated the strength of the downward movement in China. Especially since about a year, a simmering trade dispute between the people's Republic and the United States, has left its mark in the Chinese economy. For Apple, China is an important market, with around a fifth of the revenue, the California-based company reported recently.

Cook was optimistic that the governments in Washington and Beijing reach an agreement soon. The relationships and the Pitch between the countries have improved compared to the previous quarter. "All in all, it has helped us."

In the second quarter, with the iPhone sales the group broke wide by 17 per cent to 31,05 billion dollars, as Apple announced. This was the strongest decline since the introduction of the smartphone, a good ten years ago. For delivery in the case of products like the Apple Watch better than expected. Apple, however, is no piece of sold devices.

Substantial drop in profits

The group's sales in the second quarter declined overall by five percent to 58 billion dollars. The gain fell nearly 16 percent to 11.6 billion dollars. Analysts had expected an even stronger impact. For the current third quarter, Apple turned in sales between 52.5 billion and $ 54.5 billion in view and, therefore, more than experts expected.

to be from the iPhone independent, want to build the Americans in other lines of business, such as a streaming service for movies and TV shows, new games and news offerings as well as a credit card. Analysts, however, are sceptical as to whether the Smartphone pioneer to the big gambles. In the US, rivals such as Netflix and Amazon dominate the market for playing movies, series and music.

The Apple competitor, Samsung Electronics, had to announce losses on Tuesday even more profit: The Profit in the first three months of 2019 has decreased compared with the prior-year quarter to almost 57 per cent to the equivalent of around four billion francs. (chk/sda)

Created: 01.05.2019, 02:22 PM

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