Apple blames Intel for hole in figures

Fruity cargo cult Apple said that the chip shortage was responsible for its Macs not selling as well as it hoped.

For the three months ending 30 March 2019 Jobs Mob saw a sales drop of five percent, to $58 billion. Apple was down iPhone and Mac sales.

Jobs’ Mob however chose to spin more positive news in areas like services, iPad and wearables.

Apple CEO Tim Cook said: “Our March quarter results show the continued strength of our installed base of over 1.4 billion active devices, as we set an all-time record for services; and the strong momentum of our Wearables, Home and Accessories category, which set a new March quarter record.

“We delivered our strongest iPad growth in six years, and we are as excited as ever about our pipeline of innovative hardware, software and services.”

IPhone sales were down 17 percent to $31 billion but Cook said declines were “significantly smaller in the final weeks of the March quarter”.

Apple’s iPad revenue grew 22 percent year on year to $4.9 billion, the vendor quickly said.

Apple added that the growth was a result of good sales of the iPad Pro, while the new iPad Air and iPad Mini both launched towards the end of the quarter.

Mac sales were however hampered by the ongoing components shortage, with revenue dropping to $5.5 billion.

Cook said: “For our Mac business overall, we faced some processor constraints in the March quarter leading to a five per cent revenue decline compared with last year.

“But we believe that our Mac revenue would have been up compared with last year without those constraints and don’t believe this challenge will have a significant impact on our Q3 results.”