MacNN Forums (http://forums.macnn.com/)
-   Mac News (http://forums.macnn.com/mac-news/)
-   -   Apple Q3 breakdown shows losses in China and iPods, gains in iTunes (http://forums.macnn.com/112/mac-news/502465/apple-q3-breakdown-shows-losses-china/)

 
NewsPoster Jul 23, 2013 06:40 PM
Apple Q3 breakdown shows losses in China and iPods, gains in iTunes
Apple has posted a detailed breakdown (<a href="http://macnn.com/rd/290350==http://images.apple.com/pr/pdf/q3fy13datasum.pdf" rel='nofollow'>PDF</a>) of its <A href="http://www.electronista.com/articles/13/07/23/revenue.inches.ahead/">third-quarter financial results</a>, 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.<br />
<br />
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.<br />
<br />
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.
 
All times are GMT -4. The time now is 09:48 AM.

Copyright © 2005-2007 MacNN. All rights reserved.
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2014, vBulletin Solutions, Inc.


Content Relevant URLs by vBSEO 3.3.2