Apple blames European sales and iPhone 5 rumours for missing earnings target

Sooraj Shah
clock •

Q3 revenue was $35bn, $1bn less than forecast

Apple has blamed its European sales and iPhone 5 rumours for missing its forecasted Q3 profits by $1bn (£650m). The company posted quarterly revenue of $35bn (£22.5bn) and quarterly net profit of $8.8bn...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

Sooraj Shah
Author spotlight

Sooraj Shah

View profile
More from Sooraj Shah

Sporting Group CTO on selecting Sumo Logic over Splunk, and Google over AWS

Formula 1 talks up use of AWS AI for TV in 2019

More on Supplier

Most areas of financial services have been quick to adapt to the consumerisation of IT - but not motor insurance
Strategy

The final frontier of financial consumerisation

The consumerisation of IT has completely changed almost every element of financial services, bar one: motor insurance. But why - and, more importantly, what kind of service are drivers likely to see when this sector finally follows in the footsteps of...

Callum Rimmer
clock 16 December 2021 • 5 min read
Alexandra Coulson, Global Head of Marketing, disguise
Marketing

Making your mark: how to reinvent a brand in tech

When I joined visual storytelling technology company, disguise, I wanted to "make my mark" by helping disguise redefine its brand and marketing approach.

Computing
clock 17 November 2021 • 6 min read
NHS SBS approves 19 suppliers for hardware framework
Public Sector

NHS approves 19 suppliers for £1bn of ICT hardware and services

Approved vendors can pitch for ICT hardware and services contracts under the Link 3 Framework to support the NHS and the wider public sector organisations

Dev Kundaliya
clock 26 March 2021 • 2 min read