Ron Burgundy Posted January 26, 2016 Share Posted January 26, 2016 By Julia Love SAN FRANCISCO (Reuters) - Apple Inc reported lower-than-expected iPhone sales in the latest quarter, its slowest-ever growth in shipments, and forecast sales below Wall Street's estimates for the current quarter as the company began to feel the effects of economic softness in the critical Chinese market. Apple said on Tuesday it sold 74.8 million iPhones in its fiscal first quarter, ended Dec. 26, the first full quarter of sales of the iPhone 6S and 6S Plus. Apple's shares, which have fallen 5 percent this year, were up 0.4 percent at $100.42 in volatile after-hours trading. View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.