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hich underscored its position a

Envoyé par: dmt1997325 (Adresse IP journalisée)

Date: Sat 29 September 2018 11:32:14

A woman tries apple's iPhone 6 at an Apple store in Beijing Authentic Jordan Staal Jersey , November 2, 2015.
Apple Inc (AAPL.O) forecast its first revenue drop in 13 years and reported the slowest-ever growth in iPhone shipments as the critical Chinese market showed signs of weakening, suggesting the technology company's period of exponential growth may be ending.

The company's shares, which have fallen 5 percent this year, bounced around in after-hours trading and were down 0.7 percent as a call with analysts was underway.

"It's disappointing to see them miss on an already downward adjusted sales number and the fact is that with their iPhone growth slowing what was needed was a product to be excited about," said J.J. Kinahan, chief strategist at TD Ameritrade. "Pressure on the shares will continue without a well-defined plan to grow sales or a new product."

The most valuable publicly traded U.S. tech company said on Tuesday it sold 74.8 million iPhones in its fiscal first quarter, ended Dec. 26, the first full quarter of sales of the iPhone 6S and 6S Plus. The 0.4 percent growth in shipments was the lowest since the product was launched in 2007.

IPhone sales were expected to fall for the current quarter over a year ago, Chief Executive Tim Cook said on a conference call with analysts.

While revenue in Greater China rose 14 percent in the last quarter, Apple is beginning to see a shift in the economy, particularly in Hong Kong, Apple Chief Financial Officer Luca Maestri told Reuters in an interview.

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? Apple iPhone sales weaker than expected

"As we move into the March quarter it's becoming more apparent that there are some signs of economic softness," Maestri said. "We are starting to see something that we have not seen before."

Apple forecast second-quarter revenue of $50 billion to $53 billion, below analysts' average forecast of $55.5 billion. In the same quarter last year Apple reported revenue of $58 billion.

Apple's guidance for the March quarter implies iPhone sales of 45 to 50 million units in the March quarter, which would mark the company's first-ever decline in sales of the gadget, said analyst Daniel Ives of FBR Capital Markets & Co.

In the same quarter last year Apple sold 61.2 million iPhones.

The company reported revenue of $18.37 billion from Greater China, accounting for 24.2 percent of total revenue. Revenue from the region had nearly doubled in the fourth quarter.

Apple's iPhone shipments fell short of analyst expectations for 75.5 million, according to research firm FactSet StreetAccount.

Apple reported earnings of $3.28 per share, beating the average analyst estimate of $3.23 per share, according to Thomson Reuters IBES. Revenue increased 1.7 percent to $75.87 billion, both records for the company.

Analysts had expected revenue of $76.54 billion.

Apple's overall performance was "slightly better than feared," said Ives at FBR.

The rise in iPhone shipments in the key holiday shopping quarter was the smallest since the second fiscal quarter of 2013, when they rose 6.8 percent, according to data company Statista.

Maestri attributed the lackluster revenue to foreign exchange headwinds caused by the strong U.S. dollar, which he said knocked about $5 billion off the company's revenue.

by Tan Shih Ming

SINGAPORE£¬ July 13 (Xinhua) -- Singapore shares closed 0.30 percent higher on Wednesday£¬ buoyed by speculations that Japan may consider an aggressive form of policy easing to jump start its economy.

However£¬ the Japanese government denied the possibility of using "helicopter money£¬" a measure that would involve the central bank directly financing government spending or tax cuts. Instead£¬ the Japanese government said it is planning a "bold economic stimulus" to defeat deflation£¬

Singapore's benchmark Straits Times Index inched up 8.83 points to 2£¬910.65 points. Trading volume was 1.88 billion shares worth 1.09 billion Singapore dollars. Advancers outnumbered decliners 224 to 190£¬ while 493 stocks did not move.

Singapore Technologies Engineering rose 1.5 percent to 3.37 Singapore dollars. Its aerospace arm won new contracts worth 770 million Singapore dollars during the second quarter£¬ which underscored its position as an established aircraft maintenance firm in Asia.

The orders£¬ which included line and heavy airframe maintenance for commercial airlines and military operators£¬ as well as cabin interior modifications for different customers£¬ follow contracts worth 443 million Singapore dollars that ST Engineering won in the first quarter.

SembCorp Industries rose 1 percent to 2.90 Singapore dollars. It announced new partners for its upcoming water industry center in China£¬ building on its international profile as an important utilities player.

Nanjing International Water Hub has secured two respected Chinese water research institutes - National Engineering Research Center for Special Separation Membranes and the National Environment Protection Organic Chemical Wastewater Treatment and Recycling Engineering Center - as strategic partners. The two institutions will conduct research and development activities at the hub£¬ and offer technical consultancy services.

Among the top gainers£¬ Jardine Cycle and Carriage rose 0.8 percent to 36.95 Singapore dollars£¬ whereas Singapore Telecommunications became one of the top losers by falling 1.2 percent to 4.26 Singapore dollars. (1 U.S. dollar equals to 1.35 Singapore dollars)

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Re: hich underscored its position a

Envoyé par: zhangmeng55 (Adresse IP journalisée)

Date: Wed 15 May 2019 15:40:40