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iPhone-Konzern: Apples iPhone-Geschäft über Börsenerwartungen

Vor dem wichtigen Weihnachtsgeschäft konnte Apple das iPhone-Geschäft ausbauen. Beim ersten aufklappbaren Modell iPhone Duo gibt es aber weiter Engpässe.

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iPhone-Konzern: Apples iPhone-Geschäft über Börsenerwartungen

Cupertino, Apple's iPhone business exceeded market expectations in the last quarter, with overall revenue increasing by 17.5% year-over-year to $57.56 billion. Analysts had predicted a billion-dollar shortfall in revenue. The iPhone remains the company's most important product. In the middle of that quarter, John Ternus, who recently took over the chief executive role from the longtime company leader Tim Cook, reported on September 1st the traditional launch of new iPhone models just in time for the Christmas season.

Ternus told CNBC that the company still faces production bottlenecks with the first foldable model, the iPhone Duo. The product's over 2,000 Euro price tag led to supply delays even a few weeks after its October launch. Overall, Apple's quarterly sales increased 12% year-over-year to $114.5 billion, with profits also rising 12% to $30.7 billion.

Despite growth in services and the China business, Apple fell short of analyst expectations in those areas as well. Apple's stock briefly fell about 1% in after-hours trading on US exchanges.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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