Apple iPhone Sales Dropped to 17% in Q1 2019

- Advertisement -

Apple decided to not reveal the sales figure last year but it will continue to disclose the revenue generated from the iPhone sales. From the last couple of years, Apple is facing tough competition from Chinese manufacturers like Huawei, Xiaomi, and OnePlus.

Apple reported $58 Billion in revenue in the first quarter of 2019 which is $6.5 billion lighter than the last year’s Apple revenue – That’s 17% less.

- Advertisement -

iPhones sales fell at their steepest-ever rate during the three months to the end of March but are showing signs of stabilizing, the BBC reported.

Apple dropped the pricing of the iPhone in China and India to boost their sales during the march end and that really helped them to sell more devices during March end.

Apple’s CEO Tim Cook said, The iPhones sell were stronger towards the march end. Thanks to the price drop of flagship iPhones.

While iPhone revenue is falling, Apple generated $31.05 billion through Apple’s software services like App Store, Apple Music, iCloud, Apple Care and Apple Pay. Apple generated 16% more revenue from the last years $11.5 billion.

Apple is focusing on software services like Apple TV + to take on the other streaming services like Netflix.

- Advertisement -