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Reuters
LUCAS JACKSON
Apple recorded a 8.44% decline in its net profit for the first nine months of the current fiscal year.
The report indicates that net profit for the period from October 2018 to June 2019, or the first three quarters of the fiscal year, reached $ 41.57 billion.
Revenues for the same period decreased by 16.55% to $ 196.134 billion.
In the third quarter of the year, net income decreased 12.8% to $ 10.044 billion and revenues increased 1.02% to $ 53.809 billion, compared to the same period last year. same period of the previous financial year.
Analysts point out that the decline in Apple's profits is due to the fact that most of its sales come from sales of smartphones "iPhone", and that its sales are down.
This corresponds to the 23.2% increase in revenue of "Huawei" China in the first half of 2019, despite restrictions imposed by the United States.
Source: agencies
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