Apple shares in a minute fell by almost 8%

The shares of Apple Corporation at the opening of the NASDAQ trading on April 27 fell by 7.8% to $ 96.1. For comparison, according to the results of the session on April 26, Apple paper fell by 0.7% to $ 104.4.

The cost of Apple shares negatively affected the report on April 26 for the second quarter of 2016 financial year (ended on March 26). The company's revenue in three months decreased for the first time in 13 years and amounted to $ 50.6 billion (13% less than the same period of last year).

Apple also announced a reduction in iPhone sales by 16%-in January-March, the corporation sold 16% less smartphones compared to the previous year. The net profit of Apple over three months reached $ 10.5 billion (or $ 1.9 per share), while a year earlier amounted to $ 13.6 billion (or $ 2.33 of the share).

In the first quarter of the current financial year (on December 26, 2015 ended), Apple's revenue and net profit in the history of the company, amounting to $ 75.9 billion and $ 18.4 billion, respectively. However, IPhone sales growth for the specified quarter has been minimal since 2007 - only 0.4%.

In the fall, the head of Apple Tim Cook called the 2015 financial year the most successful in the history of the iPhone manufacturer. The company's revenue over a year increased by 28% - to almost $ 234 billion.