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Apple Iphone sales drop by 17 percent

May 2, 2019
in Business News, Latest Nigeria News
Apple Iphone sales drop by 17 percent
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Sales of Apple’s Iphones fell at their steepest-ever rate, according to data for the three months to the end of March.

The firm said revenue dropped by 17 percent compared to the same period a year earlier to 31 billion dollars.

Apple chief Executive Tim Cook however said sales were stronger towards the end of march even in China where price was cut to boost demand.

Apple lifted its outlook for the three months to June , that sent shares more than 5 percent higher in after hours trading grow bilateral trade and investment between the two countries.

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