Apple being one of the biggest gadget company, has a massive list of products that it sells globally. From desktop PC to iPhone, Apple watch to MacBook, there is an enormous list of exceptionally amazing products offered by Apple. The company releases new model iPhones in the late 3rd quarter of the year usually, however, this year due to the Covid-19 pandemic the tech giant delayed the release. The delay of Apple’s latest iPhone 12 resulted in affecting the sales adversely as in fall quarter, and the company only managed to generate sales of $26.44 billion.
The launch of iPhone 12 brought hope for the company as it is the most crucial product that the company makes. iPhone 12 is expected to cover the substantial dip in the fall quarter. Apple hit a new record with an overall $64.7 billion revenue which unfortunately was only one percent greater than a year-old record.
The delay of the launch of an iPhone in fall quarter lowered the changes for the company to hit a major sixer which also dissatisfied some of Apple’s shareholders and the stock market had to suffer as well. Head to the infographic and see how iPhone’s on-time launches affected the revenue and upscaled the spikes.
The launch of iPhone 12 brought hope for the company as it is the most crucial product that the company makes. iPhone 12 is expected to cover the substantial dip in the fall quarter. Apple hit a new record with an overall $64.7 billion revenue which unfortunately was only one percent greater than a year-old record.
The delay of the launch of an iPhone in fall quarter lowered the changes for the company to hit a major sixer which also dissatisfied some of Apple’s shareholders and the stock market had to suffer as well. Head to the infographic and see how iPhone’s on-time launches affected the revenue and upscaled the spikes.
Infographic by: Statista.com
