Apple for the first time since 2003, faced with a downturn of sales

Sales of Apple devices in the second quarter of the current fiscal year has declined, particularly sales of the iPhone fell by 16% — up to 51,19 million, while a year earlier it sold 61,17 million smartphones. This is evidenced by the statements of the company. As noted by Bloomberg, falling of sales was the first since 2003.

The company also predicts a drop in sales in the current quarter. Also in the second quarter for the first time in 13 years reduced the company’s revenue — $50,6 billion, compared with $58 billion last year. Also, this figure was below the expectations of analysts, who had forecast $52 billion.

According to the Agency, several months ago, Apple unveiled its new iPhone models, and now investors are trying to understand whether the sales decline is a consequence of the General decline in the market of high-end smart phones or is it a temporary phenomenon before the release of next novelties of Apple.

The latest device, Apple presented the new iPad, which is a reduced copy of the giant iPad Pro. The card arrived on March 31.At the same time, the American company first showed a four-inch smartphone, iPhone SE.