Worldwide sales accounted for 65 percent of revenues, according to the statement.
Apple AAPL, +0.63% reported fiscal second-quarter earnings Tuesday with lower-than-expected revenue and iPhone unit sales, causing its shares to dip almost 2% in after-hours trading after closing at record highs for two straight sessions.
Swiss company AMS, the maker of optical sensors for iPhones, dropped 2.1 percent and Italy's STMicro, which provides the phone's accelerometers, gyroscopes and motion sensors, fell 1.7 percent.
According to a senior analyst at Canalsys Tim Coulling, the Chinese smartphone market is highly competitive that offer cheaper products and are full of features similar to an Apple phone.
The iPhone 7 series got mixed reviews - although longer battery life was welcomed, as were camera improvements in the iPhone7 Plus. Tim Cook told investors that the company had significantly underestimated demand for the bigger iPhone 7 Plus. "You can bet we're brushing up our (supply chain) model".
Additionally, Apple's services segment missed revenue forecasts by nearly $100 million, while still showing 17.5% growth, but that was more than offset by "other products" that came in around $650 million ahead of estimates.
Longtime Apple watcher Gene Munster, managing partner at Loup Ventures, said the reaction could have been worse.
Want more stock market analysis from this author? "But there's no other way around it; this quarter was a disappointment".
No. Instead it's important to view these results in perspective: Apple is still minting money, with net income of $11 billion on revenues of $52.9 billion, both of which are higher than a year earlier.
Apple is providing guidance for the 3rd fiscal quarter of 2017 of revenues between $43.5 billion and $45.5 billion.
The most credible report thus far has come from analyst Ming-Chi Kuo, who suggested that Apple might not ramp up production on an iPhone 8 until October or November. The $329 iPad, Apple's only truly new product introduced in Q2, was only around for a couple of weeks in the quarter, so it's possible that we'll see sales rebound in Q3 as it drives people to upgrade.
Apple reported a 4.6 per cent rise in revenue across the whole company to $52.9 billion, slightly below analysts' forecasts. In the March quarter, Apple made more than $7 billion from services (which includes Apple Pay, AppleCare, Apple Music, the iTunes Store, etc., etc., etc.).
Put another way, this was Apple's seventh strongest iPhone quarter to date.
Apple's earnings report comes after Apple released a new version of its 9.7-inchiPad, and a special edition of the iPhone 7 and iPhone 7 Plus. That's fantastic for a company of Apple's size, but not the impossible-to-believe growth machine of past years. With a cash balance of more than $256 billion but just $98.5 billion in debt, Apple announced a nice increase to its capital return program.
Apple is raising its dividend to $0.63/share and extending its stock buy-back program to March 2019.