The current quarter could be historically bad for Apple iPhone sales


Apple has already released its fiscal second-quarter earnings for the three months covering January through March. During that time period, . But what has the iPhone done since the end of that quarter? According to analysts at KeyBanc, April was an awful month for Apple's smartphone. First, the vast majority of the 458 Apple Stores outside of China were closed along with most retail stores. But more importantly, for many consumers whose lives had just suffered a major upheaval and who were suddenly unemployed, the purchase of a new phone had to be tabled to make sure that there was enough ...

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