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You are here: MacNN Forums > News > Mac News > Apple Q3 breakdown shows losses in China and iPods, gains in iTunes

Apple Q3 breakdown shows losses in China and iPods, gains in iTunes
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MacNN Staff
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Jul 23, 2013, 05:40 PM
Apple has posted a detailed breakdown (PDF) of its third-quarter financial results, released earlier today. Segment data shows that while revenue from the Americas was up 12 percent year-over-year to $14.405 billion, the company saw drops in other regions -- for instance an eight percent decline in Europe to $7.614 billion. Greater China, in theory a market that should be growing for Apple, instead fell 14 percent to $4.641 billion.

The broader Asia-Pacific region slumped 18 percent to $2.046 billion, with one bright spot being Japan -- which grew 27 percent to $2.543 billion. Global retail sales, unusually, remained almost perfectly flat, shifting from $4.084 billion to $4.074 billion.

The breakdown also includes revenues for products unmentioned in Apple's press release. For example, iPod revenues slid 31 percent to $733 million, based on a 32 percent decline in units to 4.569 million. The iTunes, software, and service division's sales grew 25 percent to $3.99 billion, but accessories were down four percent to $1.179 billion.
( Last edited by NewsPoster; Jul 24, 2013 at 05:36 AM. )
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