Reuters reported that Waterhouse (TD Ameritrade) Jin Nahan says the company decline due to iPhone sales slowed down, the company needed a new product to the market to find excitement without a clear plan for increasing sales or new products, downward pressure on its shares will continue.
As the United States's most valuable publicly traded technology companies, Apple said on Tuesday that as of December 26 to 74.8 million iPhone sales in the first quarter of its fiscal year, with weak growth of 0.4% set a minimum sales increase of the products since going public in 2007.
While the Apple iPhone shipments less than analysts had expected of 75.5 million.
On it, Maestri said Apple chief financial officer, greater China sales growth in the last quarter by 14%, but has shown weakness, especially in Hong Kong, especially after entering the quarter and this trend is growing, they never saw before.
He believes that one cause of this bad situation is the United States adverse foreign exchange factors related to the appreciation, it makes revenues shrank by $ 5 billion.
The company report, revenues from the greater of us $ 18.37 billion, total revenue 24.2%. In the last quarter, revenue in the region almost doubled earlier.
But a year ago, the company Cook, Chief Executive, said in a conference call, sales will decline in the coming year.
Apple forecast second-quarter revenue of $ 50 billion to $ 53 billion, below the average analyst estimate of $ 55.5 billion. Last year, Apple reported revenue of us $ 58 billion in the same quarter.
