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SAN FRANCISCO, April 26 (Xinhua) -- Apple Inc on Tuesday released fiscal results for the second quarter of 2016, which showed the first year-over-year slump of both quarterly revenue and profit since 2003 and the first ever drop in iPhone sales.
The Cupertino, California-base company posted quarterly revenue of 50.6 billion U.S. dollars, a 33 percent drop from the first quarter and down 13 percent from a year ago. Its quarterly net income decreased 22 percent from one year ago to 10.5 billion dollars.
Apple's sales in America, Europe, the Greater China region and the rest of Asia-Pacific declined, compared to the same quarter of 2015, with the biggest drop, 26 percent, recorded in Greater China, Apple's largest overseas market. International sales accounted for 67 percent of the quarter's revenue.
Apple sold about 51.2 million iPhones during the second quarter, 32 percent fewer than the previous quarter and 16 percent fewer than one year ago. The first ever iPhone sales slide happened as predicted earlier by the company.
Still, iPhone sales represented the primary source of revenue for Apple, amounting to 32.9 billion dollars in the second quarter.
While revenues from iPad and Mac also fell, Apple's services business proved to be a rare bright spot in the quarterly results, generating a revenue of year-over-year 20 percent increase in sales from Internet services, Apple Pay, licensing and other services.
"Our team executed extremely well in the face of strong macroeconomic headwinds," said Tim Cook, Apple's chief executive officer, adding that the continued strong growth in revenue from services was a result of Apple's ecosystem and the growing base of over 1 billion active devices.
The company reported operating cash flow of 11.6 billion dollars and decided to return 10 billion dollars to shareholders through its capital return program.
With second-quarter results disappointing investors, Apple shares dropped about 8 percent in after-hour trading.
How to Start With Affiliate Marketing
Author: The Marketing Affiliater
Online affiliate marketing began as a natural outgrowth of the popularity of "linking" to other sites. To put it simply Cheap Packers Shirts , online affiliate marketing is a time tested strategy for making money online. It it is a network of online partners who refer business to your website.
It does not matter whether you have a website that sells a product or a website that has nothing to sell. But by adding online affiliate programs, you can not only add value to your website, but also maximize potential revenue.
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Online affiliate programs began in the mid-1990,s and are currently a popular way to earn money online. In fact, research shows that affiliate marketing is the most cost-effective way to generate online sales. The concept of revenue sharing paying commission for referred business Cheap David Bakhtiari Jersey , predates affiliate marketing and the Internet. The translation of the revenue share principles to mainstream e-commerce happened almost four years after the origination of the World Wide Web in November 1994.
The simplest way is to just introduce your visitors to the business opportunities, products and services that they need, and Cheap Mason Crosby Jersey , "make money online" based on commissions from these sales. In fact, online affiliate marketing is a great work from home business available to anyone with a computer and a desire to run their own affiliate business.
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To get started in affiliate marketing, you must know the fundamentals. For which you're going to need an "affiliate marketing guide" to teach you the basics. Once you've studied the basics and grasped the "idea", I don't think there is any looking back.
Now Cheap Nick Perry Jersey , there are dozens of books advertised on various websites, making claims of massive earnings that can be achieved easily. Most of these guides are resell rights of other peoples' ideas which are marketed under the marketers' name. Now, there will be a time you may be doing the same thing what they are doing now. This is a natural phase most people go through and isn't that what affiliate marketing is all about!
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