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7/29/12

Cellular Phones - The blame Game: Apple blames rumor, speculation and Europeans for iPhone sales dip -by Chris Davies

The specter of the iPhone 5 scuppered Apple smartphone sales in Q3 2012, CEO Tim Cook has suggested, though those pesky Europeans have to share some of the blame for the missed targets too. Speaking on the company’s financial results call today, Cook blamed “rumor and speculation regarding new products” for sales of the iPhone dipping to 26m units, with sales in Europe particularly flat. 

However, the Apple CEO also said he doesn’t plan to spend any energy trying to actively prevent pre-launch whispers.

Of the various geographies, iPhone sales were apparently “very strong” in the US and strong in Japan. Greater China was up considerably, with Mainland China up more than 100-percent. However, European sales were basically flat, holding back Apple’s overall results for the three month period.

Read more: Apple blames rumor, speculation and Europeans for iPhone sales dip - SlashGear

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