Install Share: iPhone sales down 20%, revenue in Greater China down 28%
The following information is collected and organized from the Internet by Anta Share
Anta Share learned that after the market on October 29, Eastern Time, Apple released its 2020 fourth-quarter performance report. Although the fourth-quarter revenue and profit exceeded market expectations. However, the iPhone became the only product whose sales of Apple's main products declined during the season. In addition, sales in Greater China have also seen a significant decline. Affected by this, Apple's stock price fell nearly 5% after the market.
(Install Share 2020-10-30)
However, Apple CEO Cook said that as Chinese consumers were waiting for the 5G iPhone before, sales in the fourth quarter will definitely be weaker. 5G is quite advanced in China, and the company is very confident about it and has confidence in sales in Greater China in the first quarter of fiscal 2021.
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