Apple pinched
Apple’s profit dipped slightly while revenues rose in the January March quarter, reflecting early fallout from the coronavirus pandemic coque samsung j6 licorne that coque iphone ipod touch 6 shut down its factories and then forced hundreds of Apple retail coque riverdale samsung j5 2017 stores to close.
The results give the first sign of how one of the world’s best known companies is faring as the economy plunges into its first recession in more than a decade.
The iPhone maker’s revenue edged up by 1% from the same time last year to $58.3 coque manga samsung galaxy j3 billion. To no one’s surprise, the iPhone was the company’s hardest hit segment, with sales for the device falling 7% from the same time last samsung a50 coque stitch coque huawei p10 lite italie year. Apple’s profits huawei p30 lite coque loup fell to $11.2 billion, a coque samsung a70 tinkerbell 2% decline from coque huawei p20 lite pixar last year.
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While Apple’s sales aren’t rising at the coque fantaisie samsung galaxy j4 plus robust pace coque samsung j5 chaton that they did in the last recession, the numbers released Thursday were far better than analysts had feared.
Apple’s supply chain was already constrained coque a clapet samsung j3 2017 by the pandemic’s early outbreak in China, which forced the company to temporarily close local factories that make most of coque samsung a50 samourai its iPhones coque stitch samsung galaxy j6 and other most products.
Those coque samsung j5 one piece factories are open again, but the closures created ripple effects coque huawei y6 2017 that are expected to delay the release of Apple’s next iPhone models by at least a month coque samsung j3 2016 vernis this fall. And coque samsung j3 2017 violet clair Apple’s stores still remain closed in many parts of the world as part of efforts to limit coque huawei p20 lite roi lion the spread of Covid 19 around the world.
The performance still wasn’t enough to alleviate investor concern about the turbulence still coque samsung j3 2016 angel to come. Apple’s shares fell 1% to $289.66 in coque etui housse samsung j5 extended trading…
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