Perhaps because analyst predictions for Q3 were conservative based on Apple’s recent performance, the company managed to beat the street in Q3. Share prices rose even as the company reported a continued decline in iPhone sales. There was good news for the beleaguered Apple Pay, however, which has been accused of being a support mechanism for iPhone.
Here is the data:
7.1 million | The drop in unit sales of iPhones compared to the same time a year ago
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3 million |The number of retailers now accepting Apple Pay in the U.S.
450% | The year-over-year increase in Apple Pay’s monthly users, according to Tim Cook
27% | The year-over-year drop in Apple’s quarterly profit
22% | The drop in Apple’s stock compared to the same time a year ago
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