Apple’s mobile phone business revenue for the quarter fell 9% year-on-year, but higher than the second quarter’s $25.99 billion.

Editor’s note: This article is from “Tencent Technology”, review: Hey.

According to the latest news from foreign media, on Wednesday, Apple Inc. released its third natural quarter (the fourth fiscal quarter of the previous fiscal year, the following quarters were natural quarters). Data show that Apple’s smartphone business revenue in the third quarter was $33.36 billion. Analysts expect revenue to reach $32.42 billion, and Apple’s mobile phone performance exceeded analyst expectations.

Apple’s fourth-quarter net profit was $13.686 billion, down 3% year-on-year

According to foreign media reports, Apple’s mobile phone business revenue in the quarter fell 9% year-on-year, but higher than the second quarter’s $25.99 billion.

Apple's fourth-quarter iPhone revenue fell 9%, but exceeded analyst expectations

Early, Apple has stopped releasing Apple mobile phone sales, trying to shift investors’ focus from sales to sales revenue. But for Apple, Apple’s mobile phone business is still an important problem, Apple launched the latest product in the last few weeks of the quarter – iPhone 11, various news shows that due to the entry price decline and other factors, Apple this year The iPhone 11 has gained market popularity, and Apple has added production orders to foundries.

Some analysts expect that once Apple releases its expected 5G handsets in the third quarter of next year, there will be a significant increase in Apple’s handset sales in the future. Before Apple released its earnings report, a Japanese media quoted people familiar with the matter as saying that Apple plans to launch at least 80 million new 5G Apple phones.

This move may attract a large number of Apple users to upgrade their current phone models, because many Apple fans have been using existing phones for a long time and have entered a period of time that must be upgraded.

A survey by Jeffrey Securities of the United States recently found that 23% of the 1,050 current Apple mobile phone users surveyed said they would upgrade to the $1,500 version of the 5G version of the phone, compared to 18% a few months ago. The person said that he would do this.

Jeffrey Securities said it expects Apple’s mobile phone sales to remain stable as some customers are waiting to buy Apple’s 5G phones to be launched next year.

worthIt is mentioned that after the large-screen operation of the Apple mobile phone in the early years, it created a historical peak sales volume, and then began to enter the decline channel. In the past few quarters, Apple’s mobile phone has experienced a sharp decline. According to the IDC report of the authoritative technology market research firm, Apple’s smartphone sales fell more than 20% in the first half of this year, ranking first among the top six smartphone manufacturers in the world.