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"Greater China sales fell by 21% from $16.8 billion to $13.2 billion" That's reading sequential quarters, which pretty much nobody in finance (who wants to be
by charlesarthur 11y ago
"Greater China sales fell by 21% from $16.8 billion to $13.2 billion"
That's reading sequential quarters, which pretty much nobody in finance (who wants to be taken seriously) does, because it overlooks seasonal factors. The year-on-year figure (which serious financial people do use) is up over 100% from $5.9bn. The stock market maybe is concerned that China is too important and that if its stock market is plunging, so will sales of Apple stuff.