Company Apple Lossless Audio CODEC (ALAC), announced this evening the financial results for Q3 2016, confirming the fears of many and the fact that 2016 was not a good year for it. Because these poor results must be nuanced, those from Apple are currently organizing an audio conference in which they talk about what they have achieved in the last three months, from a financial point of view.
Tim Cook and the senior vice president of the financial division within Apple present the financial results for Q3 2016 and the entire fiscal year 2016, also discussing with journalists. Tim Cook will also provide some details regarding the ongoing projects within the Apple company, as well as the measures that those from Cupertino are taking to recover.
This article will be constantly updated with information of interest from this conference.
- iPhone sales increased compared to Q3 2015 in 33 of the main 40 countries monitored by Apple.
- Largest number of Android users switching to iPhone.
- Apple Pay will be launched in Spain in the coming months.
- Apple Pay sales increased by 500% Q3 2016 compared to Q3 2015.
- In September, Apple processed more Apple Pay transactions than in all of 2016.
- Revenues from services increased by 22% compared to the same period last year.
- iPhone 7 and iPhone 7 Plus sales remain strong.
- Sales of iPhone terminals increased in India by 50%.
- Apple Pay receipts increased by 22% compared to the same period last year.
- Apple Watch 2 had a launch beyond expectations.
