iPhone sales down for the first time in history

For the first time in Apple's history it stops with iPhone sales. The American company has closed the second quarter of the fiscal year with a net profit down 22% to $ 10.5 billion, or $ 1.90 per share, below analysts' expectations, betting on $ 2 per share. Revenues were down 13% to 50.6 billion dollars. The results below expectations weighed in after hours trading, where the title came to lose 8%.

It 'was a' 'tough quarter' 'says Tim Cook in an interview with the Wall Street Journal, noting that Apple has found itself in front of' 'strong headwinds''. To affect is the slowdown in the sale of iPhone: after eight years of growth since its market launch, sales were down in the quarter, down by 16.3% to 51.19 million iPhone against 61.17 million in the same period last year. The accounts will also feel the slowdown in China. Sales of iPad fell for the ninth consecutive quarter, falling by 19% to 10.25 million units.

Apple has announced that it will expand the capital distribution plan to shareholders, including dividends and share repurchases: plans to distribute $ 250 billion by March 2018, an increase over the $ 200 billion planned for March 2017.