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Tag: 2016 Financials

Michael E. Cohen Josh Centers No comments

Despite $9 Billion Profit, Apple Revenues Slump Again in Q4 2016

Even though Apple introduced new products in Q4 2016, the company’s financial slump has continued, with services being the main bright spot in its quarterly earnings report. It’s not exactly doom and gloom, though, since Apple still posted a net profit over $9 billion on revenues of $46.9 billion.

Josh Centers Michael E. Cohen 8 comments

In Q2 2016, Apple Sees First Revenue Decline in 13 Years

For Apple, the sky has fallen… by 12.8 percent, which is how far its revenues declined compared to those of last year.

Michael E. Cohen Josh Centers 1 comment

Apple’s Q1 2016 Sets Records, but Just Barely

Apple is still making money hand over fist, but sales growth for all three of its major product categories has stalled or is in decline. Michael Cohen and Josh Centers don their analyst hats to try to explain why.