Apple said it expects its revenue in the quarter ending June 30 to be between 33.5 billion and 35.5 billion US dollars. That suggests Apple believes its revenue will probably decline year-on-year for the first time in many years. Its revenue was 35 billion US dollars in the equivalent quarter of 2012.
In the quarter ended March 30, Apple's revenue rose 11% year-on-year to 43.6 billion US dollars. The California-based company sold 37.4 million iPhones in the quarter, compared to 35.1 million in the year-ago quarter. Apple also sold 19.5 million iPads during the quarter, compared to 11.8 million in the year-ago quarter.
“Our teams are hard at work on some amazing new hardware, software, and services and we are very excited about the products in our pipeline,” said Tim Cook, Apple’s CEO. source: Apple statement
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