By Walter Grand in Economy —

Apple's business growth is slowing, but iPhones are still selling well

Apple's business growth is slowing, but iPhones are still selling well
Photo by Jonas Elia / Unsplash

The company did not provide projections for the third quarter. IPhone sales increased by 3% compared to last year's figures.

At the same time, the company managed to attract former Android customers. According to the head of the company Tim Cook, the number of first-time users of Apple has grown at a double-digit rate.

Nevertheless, there is a negative trend: due to the threat of recession, PC and smartphone sales around the world are entering a stage of limited or no growth. The "growth company" that is Apple may not be showing growth in numbers.