Home / Lifestyle / Mobile / Apple / Apple sales drop, profit falls by $2 billion

Apple sales drop, profit falls by $2 billion

A few chinks in the seemingly impenetrable Apple armor appear to be showing, as sales are slowing down. Their profit has dropped by almost $2 billion (£1.3 billion) after year on year sales of iPads and Macs declined.

Apple sold 14.6 million iPads during the quarter, down from 17 million in the same period last year. They sold 3.8 million Macintosh systems, down from four million between April and June last year.

Their sales increased in the smartphone sector, Apple sold 31.2 million iPhones in the last financial quarter, a record for this three month period to June. Between January and March this year they sold 37.4 million devices.

Apple CEO Tim Cook Testifies At Senate Hearing On U.S. Tax Code
Apple CEO Tim Cook

Overall the Apple quarterly profit of $6.9 billion (£4.49 billion) was down from $8.8 billion (£5.73 billion) in the same three months a year previous.

Tim Cook, Apple CEO said “We are especially proud of our record June quarter iPhone sales of over 31 million and the strong growth in revenue from iTunes, Software and Services.”We are really excited about the upcoming releases of iOS 7 and OS X Mavericks operating systems, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014.”

Competitor Samsung experienced a 41% increase in earnings in the first quarter of 2013, the same week which Apple posted a decline. Apple are releasing new products soon, including the desktop Mac Pro which features a radical new design.

Kitguru says: The first sign that Samsung will dominate in the coming years?

Become a Patron!

Check Also

Montech HyperFlow Silent 360 AIO Cooler – UPDATE 16 March 25

As some of you may have seen, this week we published a review of the Montech HyperFlow Silent 360 AIO cooler, both on the KitGuru website and our YouTube channel. In this review we explained that the HyperFlow Silent 360 AIO cooler has some issues in regards to the new AMD mounting system that Montech adopted...

We've noticed that you are using an ad blocker.

Thank you for visiting KitGuru. Our news and reviews teams work hard to bring you the latest stories and finest, in-depth analysis.

We want to be as informative as possible – and to help our readers make the best buying decisions. The mechanism we use to run our business and pay some of the best journalists in the world, is advertising.

If you want to support KitGuru, then please add www.kitguru.net to your ad blocking whitelist or disable your adblocking software. It really makes a difference and allows us to continue creating the kind of content you really want to read.

It is important you know that we don’t run pop ups, pop unders, audio ads, code tracking ads or anything else that would interfere with the KitGuru experience. Adblockers can actually block some of our free content, such as galleries!