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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Thursday, October 27, 2016

Apple Forecasts Small Return to Growth


Apple said it expects to generate revenue of between 76 billion and 78 billion US dollars in the quarter ending December 24th. If Apple hits the higher number, that would be an increase of 3% year-on-year. In the quarter ending September 24th, revenue fell 9% year-on-year to 46.9 billion dollars. Revenue fell 30% in Greater China, while overall iPhone revenue was down 13%. But services revenue rose 24%. Source: Apple statement


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