Apple is facing the harshest time of their business life. I past one year company have seen a lot of downs in their business cycle. Apple’s biggest launch in 2015 was their iPhone 6 series. Company had huge and very huge expectations from the sales of their phones however things did not turn up the way it should have been for them. The market did not favored and they lost lot of money in the market. After nearly a decade, Apple has seen a huge loss in their quarterly results. Stars don’t seem to be favoring the company I guess. Very recently Apple’s revenue declines by a total 8 percent which means company lost around 40 billion US dollars of their hard made fortune.

This is actually huge, Company has lost its market valuation by 40 billion US dollars and stocks closed at $104 each share. The situation is a lot tensed for Apple’s CEO Tim Cook now. Tim and company CFO Luca Maestri are still being optimistic about their performance and are looking to cover the losses shortly. Company’s quarterly reports has disappointed their guiding members and investors.

Tim Cooks says that, iPhone SE and iPad pro both have been selling impressively in the market. He says the sales reports will be shared in the June quarter results. Company’s stock opened at 8% in the morning however their slightly covered it and is currently downsized by 7.15%. Apple is all hopeful about their September launch of Apple iPhone 7. They are excited to feature their new showcase in the market. They are hopeful about touching their expected sales figure this year. Following next year Apple will be bringing some huge level changes in iPhone. They will be dedicatedly working on design as well as the technology behind their devices.