Apple's forecasts reduce the share – DN.SE



[ad_1]

According to the giant Apple, sales in the quarter could miss analysts' goals. The CEO of the company, Tim Cook, is notably responsible for the decline of emerging markets, saying that it is uncertain that Apple can produce enough products to meet the demand.

Apple estimates its sales between $ 89 and $ 93 billion during a closed fiscal year ending in December. Analysts averaged a turnover of 93 billion.

The stock dropped by more than 4% in after-sales.

In an interview with Reuters, Tim Cook also said that the exchange rate could have a negative impact of $ 2 billion on Apple's sales forecast.

Apple's sales and quarterly results were higher than analysts' forecasts. The number of Iphone windows sold was 46.9 million, which is worse than expected 47.5 million phones.

At the same time, the average price of one Iphone 793 dollar was significantly higher than the price of $ 750 analysts.

Revenues for the year ended September were $ 62.9 billion. This is to be compared with analysts expected at 61.5 billion USD. Earnings per share amounted to $ 2.91 against $ 2.79 for Wall Street.

[ad_2]
Source link