{"id":6882,"date":"2019-01-29T22:03:45","date_gmt":"2019-01-29T22:03:45","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/apple-iphone-sales-in-disappointing-fall\/"},"modified":"2019-01-29T22:03:45","modified_gmt":"2019-01-29T22:03:45","slug":"apple-iphone-sales-in-disappointing-fall","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/apple-iphone-sales-in-disappointing-fall\/","title":{"rendered":"Apple iPhone sales in &#8216;disappointing&#8217; fall"},"content":{"rendered":"\n<div property=\"articleBody\">\n<figure class=\"media-landscape has-caption full-width lead\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                <img loading=\"lazy\" decoding=\"async\" class=\"js-image-replace\" alt=\"A man checks his phone in an Apple retail store in Grand Central Terminal, January 29, 2019 in New York City. Apple is set to report first-quarter earnings results after U.S. markets close on Tuesday.\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/E569\/production\/_105392785_hi051984792-1.jpg\" width=\"976\" height=\"549\"\/><span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Getty Images<\/span><\/p>\n<p>            <\/span><figcaption class=\"media-caption\"><span class=\"off-screen\">Image caption<\/span><br \/>\n                <span class=\"media-caption__text\"><br \/>\n                    The global smartphone market is contracting<br \/>\n                <\/span><br \/>\n            <\/figcaption><\/figure>\n<p class=\"story-body__introduction\">Sales of the Apple iPhone have fallen hitting the tech giant&#8217;s financial performance.<\/p>\n<p>The firm&#8217;s revenue fell 5% from a year ago to about $84.3bn (\u00a364.5bn) in the most recent quarter, with iPhone sales down 15% to about $52bn.<\/p>\n<p>The stumble had been expected after the tech giant warned investors earlier this month that revenue would be about $84bn, lower than expected.<\/p>\n<p><a href=\"https:\/\/www.bbc.co.uk\/news\/business-46742871\" class=\"story-body__link\">The firm had blamed the issues<\/a> partly on an economic slowdown in China.<\/p>\n<p>Executives have said they remain confident that growth in its services business, which includes Apple Pay and the App store, will drive future performance. <\/p>\n<p>Revenue from the services business jumped 19% to a record $10.9bn in the quarter, which ended on the 31 December.<\/p>\n<p>&#8220;While it was disappointing to miss our revenue guidance, we manage Apple for the long term, and this quarter&#8217;s results demonstrate that the underlying strength of our business runs deep and wide,&#8221; said Tim Cook, Apple&#8217;s chief executive. <\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-47047297\">Source<\/a> by <a href=\"\">[author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright Getty Images Image caption The global smartphone market is contracting Sales of the Apple iPhone have fallen hitting the tech giant&#8217;s financial performance. The firm&#8217;s revenue fell 5% from a year ago to about $84.3bn (\u00a364.5bn) in the most recent quarter, with iPhone sales down 15% to about $52bn. The stumble had been &hellip; <\/p>\n","protected":false},"author":0,"featured_media":6883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/6882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=6882"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/6882\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/6883"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=6882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=6882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=6882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}