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Apple has been a few months a few months a month of a month, the company has fallen from the company’s Donald Trump from China to China for several months on Thursday.
The company is $ 95.4 billion for the end of March 29, 5 percent in the year, and in the year to the assessment of a consensus of $ 94.6 billion in the year. Net income has increased by $ 24.8 billion, as well as a little 24.5 billion dollars and a little bit of beating, and 5 percent in the same period in the same period.
The results reflect the period reflected before announcing the tariffs “Freedom Day” tariffs on April 2 Apple Sliding shares. With concentrated supply chains in Asia, the iPhone manufacturer is very exposed to a trade war with China.
Revenue for iPhone, Apple’s flagship product, 2 percent year, 2 percent a year.
Chinese revenues fell by 2.4 percent, 2.4 percent in the last quarter, and Apple, which reflects the competitive problem, encountered with local smartphone manufacturers. The app store, iCloud and Apple’s salary, strong growth and 12 percent continued to rise to $ 26.6 billion.
Apple’s shares fell about 2 percent after trading on Thursday.
Apple General Finance Officer Kevan Parekh said that there is no sign of a short-term choice in consumer demand for pre-April tariffs in financial periods.
“We do not believe that we see any strong proof of the required requirement that affects our results for the March quarter.”
Apple, he said, “He worked hard to optimize the supply chain and inventory during the quarter to reduce the potential impact of the tariffs,” he said.
In China, the company observes an improvement from the results of the previous quarter, said “nearly straight” with “approximately straight” sales while regulating their foreign exchange changes. Apple’s Chinese sales fell 11 percent a year in the first quarter.
Apple has stopped introducing written management figures during Coronavirus Pandemic, but the investors are eager to understand how Trade tension Apple can affect its work on the coming months and eventually increase their prices.
Initial response, Apple moved increase IPhone Assembly in India to prevent steep tariffs.
Although the management is temporarily released by smartphones temporarily, Apple is affected by 20 percent of China’s imports.
The later tariffs later this year can also wait for the results of the semiconductors and electronics products that contain subsequent recipes of this year.
Apple’s Board approved a 4 percent increase in dividend and up to $ 100 billion in the previous year.