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Buyers prefer Apple despite falling sales, US-China trade war: GlobalData
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Bengaluru, Sept. 11 -- A second consecutive quarter of declining iPhone sales notwithstanding amid a US-China trade war, the overall sentiment for Apple Inc. remains high, according to GlobalData's Company Filing Analytics platform, which analyzes and showcases sentiments across companies and sectors by scanning through earning transcripts and filing documents.
Apple's revenue fell 7.2% in the third quarter (Q3) ended June 2019, marking its second consecutive quarter of decline with its flagship product iPhone (which accounts for approximately 50% of the company's revenue) showing no signs of recovery in sales.
Vaibhav Khera, Director at GlobalData, says: "The optimism for Apple can be attributed to the sales growth in product categorie...
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