Apple sales hit as iPhone fans await new model

As iPhone fans await the release of a new model, they are delaying purchases and may cause Apple to post its slowest sales and profit growth in more than two years.

23rd July, 2012
Apple sales hit as iPhone fans await new model
The iPhone 4S.

As iPhone fans await the release of a new model, they are delaying purchases and may cause Apple, the world’s largest company by market value, to post its slowest sales and profit growth in more than two years.

With a redesigned model probably arriving by October, analysts estimate that sales of iPhones - Apple’s biggest source of revenue - slid in the fiscal third quarter from prior periods. While analysts predict that the...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say