THIS WEEK'S SPONSOR:

SignEasy

The Easiest Way to Sign and Send Documents for Signature


Apple Q4 2019 Results - $64 Billion Revenue

Apple has just published its financial results for Q4 2019. The company posted revenue of $64 billion. Apple CEO Tim Cook said:

“We concluded a groundbreaking fiscal 2019 with our highest Q4 revenue ever, fueled by accelerating growth from Services, Wearables and iPad,” said Tim Cook, Apple’s CEO. “With customers and reviewers raving about the new generation of iPhones, today’s debut of new, noise-cancelling AirPods Pro, the hotly-anticipated arrival of Apple TV+ just two days away, and our best lineup of products and services ever, we’re very optimistic about what the holiday quarter has in store.”

Estimates and Expectations for Q4 2019 and the Year-Ago Quarter (Q4 2018)

Apple’s revenue guidance for Q4 2019 fell between $61 billion and $64 billion, with gross margin estimated to be between 37.5% and 38.5%.

Going into today’s earnings call, Marketwatch says:

Analysts surveyed by FactSet see the company posting revenue of $63 billion, nearly flat from $62.9 billion a year ago. The report will cap off a fiscal year in which Apple’s earnings and revenue are both expected to decline from a year earlier, which has happened at Apple only once since 2001.

In the year-ago quarter (Q4 2018), Apple earned $62.9 billion in revenue. During that quarter Apple sold 46.9 million iPhones, 9.7 million iPads, and 5.3 million Macs. As announced on Apple’s Q4 2018 earnings call, however, the company no longer reports unit sales for any of its products.

Graphical Visualization

Below, we’ve compiled a graphical visualization of Apple’s Q4 2019 financial results.

Apple Q4 2019 on Twitter

Unlock MacStories Extras

Club MacStories offers exclusive access to extra MacStories content, delivered every week; it’s also a way to support us directly.

Club MacStories will help you discover the best apps for your devices and get the most out of your iPhone, iPad, and Mac. It’ll also give you access to advanced iOS shortcuts, tips and tricks, and lots more.

Starting at $5/month, with an annual option available.

Join the Club.

A Club MacStories membership includes:

  • MacStories Weekly newsletter, delivered every week on Friday with app collections, tips, iOS workflows, and more;
  • MacStories Unplugged podcast, published monthly with discussions on what we’re working on and more;
  • Monthly Log newsletter, delivered once every month with behind-the-scenes stories, app notes, personal journals, and more;
  • Access to occasional giveaways, discounts, and free downloads.