Apple reports huge profit but sales disappoint

Mobile devices underform in quarter to June

Apple’s growth was strong in Greater China, where China Mobile began selling the iPhone earlier this year. Revenue in the country surged 28%, far outpacing other markets, to $5.9 billion.

“I’m especially happy about our progress in the BRIC countries,” said Cook, referring to Brazil, Russia, India and China. Sales of iPhones jumped 55% in those markets combined, he said.

Apple expects revenue for the current period, from July to September, to be between $37 billion and $40 billion. In the same quarter last year, Apple recorded revenue of $37.5 billion.

 

advertisement

 

“We are incredibly excited about the upcoming releases of iOS 8 and OS X Yosemite, as well as other new products and services that we can’t wait to introduce,” Cook said in a statement.

Apple is expected to announce a successor to the iPhone 5s, presumed to be the iPhone 6, in the coming months. Apple typically launches iPhone models in mid-September, in time for the holiday shopping season.

While it’s yet to announce details of the phones, The Wall Street Journal has reported that Apple will launch two models: one with a 4.7″ screen and one with a 5.5″ screen. The current iPhone has a 4-inch screen, and internal Apple studies, highlighted during a recent court trial, have shown larger screens are the single most wanted feature for future models.

Martyn Williams, IDG News Service

RELATED ARTICLES
Sign up for the
Technology Minute

Listen to Tech Radio

- Advertisment -

Most Popular

- Advertisment -