$Apple (AAPL.US)$ iPhone Sales tumble -27.5% QoQ and -11.9% ...
$Apple(AAPL.US$ iPhone Sales tumble -27.5% QoQ and -11.9% YoY for 1Q 2023
Apple saw its sales tumble 27.5 percent to 53.3 million units from the year-ago quarter. The iPhone 14 family made up 78 percent of that number.
This was the worst quarter since 2014 for smartphone shipments with total sales of 250 million units. Compared to last year, sales declined by 19.5 percent and this could be attributed to the gloomy global economic environment. In contrast, 301 million smartphones were shipped in Q4 2022.
Apple saw its sales tumble 27.5 percent to 53.3 million units from the year-ago quarter. The iPhone 14 family made up 78 percent of that number.
This was the worst quarter since 2014 for smartphone shipments with total sales of 250 million units. Compared to last year, sales declined by 19.5 percent and this could be attributed to the gloomy global economic environment. In contrast, 301 million smartphones were shipped in Q4 2022.
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