The Apple iPhone’s product sales is down 6.2 million in Q2 when compared to Q1 of this year. That equates to over an 18 billion dollar loss in revenue.

This news isn’t worth looking into too much because it is typically a normal thing to see a decline when coming to the end of the iPhone’s year before a new announcement of the next iPhone comes. That announcement is only 6 days away now from the official launch.

The next iPhone is still called the iPhone 5S and not the iPhone 6 like some other reports suggested earlier today.

Still, it’s news many financial people are interested in hearing, especially in today’s economic times.

Those of you interested in future trends should still expect a big bounce back after the next iPhone release in a week’s time.