On Tuesday a lower than expectation sales of iPhone was recorded which is very rare. This earning disappointment has caused Apple’s market share to drop by five percent. This is only the second time in thirty nine quarters when the company failed to fulfill their revenue expectation. The last one happened very recently in September 2011. This proves that the sales of world’s most successful company has started to see the other side of the hand.
In the last quarter that ended on June 30 Apple has managed to sale about twenty six million iPhone’s. The amount is still pretty good if compared to the sales of the same quarter a year ago but little disappointing in case you compare it to the last quarter sales when they sold more the thirty five million. Analysts are saying that the reason behind this fall is the transition from current model to a new version that will later this year. People are waiting fro the next model of iPhone. If that is the reason then it’s not a big concern for Apple because then they will be able to make money later this year.