decade – Muhasebe News https://www.muhasebenews.com Muhasebe News Wed, 30 Jan 2019 14:10:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 Apple faces the first decline in revenues and profits in a decade https://www.muhasebenews.com/en/apple-faces-the-first-decline-in-revenues-and-profits-in-a-decade/ https://www.muhasebenews.com/en/apple-faces-the-first-decline-in-revenues-and-profits-in-a-decade/#respond Wed, 30 Jan 2019 14:10:29 +0000 https://www.muhasebenews.com/?p=45386 Apple’s latest scandal regarding a FaceTime bug that enables people to listen to you even if you don’t pick up the call had serious consequences for the company.

Apple announced on Tuesday that the company experienced its first decline in revenues and profits in a decade.

The decrease in iPhone sales and problems in China led to 4,5% decrease in revenue in the week of 29 December, compared to the same period last year.

Profits declined to $19,97 billion.

Revenues from China have decreased to $13,17 billion, $5 billion less than the previous year.

The company stated on January 3rd that it was expecting a decrease in sales due to the economic recession in China.

The warning came as the first ever since the release of iPhone, causing the company to lose $55 billion in value.

Company’s share value increased by 6% in the first 6 hours of trading.

It turned out that analysts’ were right on their forecasts.

On the other hand, Apple’s revenues were higher than expected.

 

 

 

 

 

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]]> https://www.muhasebenews.com/en/apple-faces-the-first-decline-in-revenues-and-profits-in-a-decade/feed/ 0 Spain’s unemployment rate drops to the lowest of the decade https://www.muhasebenews.com/en/spains-unemployment-rate-drops-to-the-lowest-of-the-decade/ https://www.muhasebenews.com/en/spains-unemployment-rate-drops-to-the-lowest-of-the-decade/#respond Tue, 29 Jan 2019 13:38:59 +0000 https://www.muhasebenews.com/?p=45268 The unemployment rate in Spain drops to 14,4%, the lowest of the last 10 years.

The National Statistics Institute announced on Tuesday that the number of unemployed was recorded as 462,400 in the last days of 2018.

The unemployment rate was 27% in 2013, the highest in the country’s history, before gradually decreasing over the years.

 

 

 

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

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