iPhone sales and revenue down at Apple

For the first time in 13 years Apple has reported a decline in their revenue. The fall in revenue is down to a drop in sales of the incredibly popular iPhone. The iPhone accounts for approximately two-thirds of Apple’s revenue so if iPhone sales drop then the Apple share price will drop which is exactly what has happened.

A big part of the problem is coming out of China. Apple made $18.4bn in the 2nd quarter of 2015 but this has dropped right down to just $12.5bn in the last 3 months.

As you might expect Apple are staying upbeat and they are hoping for big things from the iPhone 7 when it launches in September. Online bloggers reckon it will be waterproof, dustproof and might even have a new and improved home button.

The clever people at Apple are also working on an electric car, some sort of virtual reality device and with $233bn in the bank only a fool would write Apple off so watch this space!

Despite some macro economic problems in China the iPhone is still a massive seller and here at Better Buy Insurance we are always happy to insure any make or model of mobile phone.

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Apple launch new iPhone SE

You’ve probably heard that Apple have recently launched the new iPhone SE.

It comes in 4 colours – silver, gold, space grey or rose gold and you can choose from 16gb of memory or 64gb. Apple reckon that not everyone wants the larger more expensive phones they have been launching of late such as the iPhone 6s and the 6s plus (which is even bigger than the 6s).

The SE is also a bit easier on the pocket. The 16gb model is £359 sim free and the 64gb is £439.

It’s 4 inches in size, has a 12 megapixel camera and it seems to do everything you would want it to do including live photos, touch ID and Apple pay.

It didn’t launch with the same amount of hype that you can expect when the iPhone 7 is available for sale in September this year but it seems to be a pretty good smartphone for a reasonable price.

If you’ve got one and want to insure it we will be more than happy to insure it for you. Better Buy Insurance