PYMNTS Daily Data Dive: Apple’s Q3 Earnings

By  |  July 27, 2016
 | 
apple-earnings-data

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.

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    Here is the data:
    7.1 million | The drop in unit sales of iPhones compared to the same time a year ago

    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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