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Posts tagged with "earnings"

Apple Q1 2019 Results - $84.3 Billion Revenue, the First Holiday Quarter Decline Since the iPhone’s Introduction

Apple has just published its financial results for Q1 2019, which is the company’s holiday quarter. The company posted revenue of $84.3 billion, which is the first holiday quarter decline in sales since the iPhone’s introduction. Apple CEO Tim Cook said:

“While it was disappointing to miss our revenue guidance, we manage Apple for the long term, and this quarter’s results demonstrate that the underlying strength of our business runs deep and wide,” said Tim Cook, Apple’s CEO. “Our active installed base of devices reached an all-time high of 1.4 billion in the first quarter, growing in each of our geographic segments. That’s a great testament to the satisfaction and loyalty of our customers, and it’s driving our Services business to new records thanks to our large and fast-growing ecosystem.”

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Apple Q4 2018 Results: $62.9 Billion Revenue, 46.9 Million iPhones, 9.7 Million iPads Sold

Apple has just published its financial results for Q4 2018. The company posted revenue of $62.9 billion. Apple sold 9.7 million iPads, 46.9 million iPhones, and 5.3 million Macs during the quarter.

We’re thrilled to report Apple’s best June quarter ever, and our fourth consecutive quarter of double-digit revenue growth,” said Tim Cook, Apple’s CEO. “Our Q3 results were driven by continued strong sales of iPhone, Services and Wearables, and we are very excited about the products and services in our pipeline.

Estimates and Expectations for Q4 2018, and the Year-Ago Quarter (Q4 2017)

Apple’s revenue guidance for Q4 2018 fell between $60 billion and $62 billion, with gross margin estimated to be between 38% and 38.5%.

Going into today’s earnings call, The Motley Fool reports that:

For the fiscal fourth quarter, Apple is expecting revenue of $60 billion to $62 billion, which would represent year-over-year growth of 14% to 18%. The company is also calling for gross margin of 38% to 38.5%, and operating expenses of about $8 billion.

Analysts’ consensus estimates are calling for revenue of $61.48 billion, up 16.9% year over year and near the high end of Apple’s forecast; earnings per share are being pegged at $2.78, rising 34.3% compared to the prior-year quarter.

In the year-ago quarter (Q4 2017), Apple earned $52.58 billion in revenue. During that quarter Apple sold 46.7 million iPhones, 10.3 million iPads, and 5.4 million Macs.

Graphical Visualization

Below, we’ve compiled a graphical visualization of Apple’s Q4 2018 financial results.

After the break, more charts and commentary on Apple’s Q4 earnings on Twitter:

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Apple Q3 2018 Results: $53.3 Billion Revenue, 41.3 Million iPhones, 11.6 Million iPads Sold

Apple has just published its financial results for Q3 2018. The company posted revenue of $53.3 billion. Apple sold 11.6 million iPads, 41.3 million iPhones, and 3.7 million Macs during the quarter.

“We’re thrilled to report Apple’s best June quarter ever, and our fourth consecutive quarter of double-digit revenue growth,” said Tim Cook, Apple’s CEO. “Our Q3 results were driven by continued strong sales of iPhone, Services and Wearables, and we are very excited about the products and services in our pipeline.”

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Apple Q2 2018 Results: $61.1 Billion Revenue, 52.2 Million iPhones, 9.1 Million iPads Sold

Apple has just published its financial results for Q2 2018. The company posted revenue of $61.1 billion, an increase of 16% from the year-ago quarter. Apple sold 9.1 million iPads, 52.2 million iPhones, and 4.1 million Macs during the quarter.

“We’re thrilled to report our best March quarter ever, with strong revenue growth in iPhone, Services and Wearables,” said Tim Cook, Apple’s CEO. “Customers chose iPhone X more than any other iPhone each week in the March quarter, just as they did following its launch in the December quarter. We also grew revenue in all of our geographic segments, with over 20% growth in Greater China and Japan.”

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Apple Q1 2018 Results: $88.3 Billion Revenue, 77.3 Million iPhones, 13.2 Million iPads Sold

Apple has just published its financial results for Q1 2018. The company posted revenue of $88.3 billion. Apple sold 13.2 million iPads, 77.3 million iPhones, and 5.1 million Macs during the quarter.

“We’re thrilled to report the biggest quarter in Apple’s history, with broad-based growth that included the highest revenue ever from a new iPhone lineup. iPhone X surpassed our expectations and has been our top-selling iPhone every week since it shipped in November,” said Tim Cook, Apple’s CEO. “We’ve also achieved a significant milestone with our active installed base of devices reaching 1.3 billion in January. That’s an increase of 30 percent in just two years, which is a testament to the popularity of our products and the loyalty and satisfaction of our customers.”

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Apple Q4 2017 Results: $52.6 Billion Revenue, 46.7 Million iPhones, 10.3 Million iPads Sold

Apple has just published its financial results for Q4 2017. The company posted revenue of $52.6 billion. Apple sold 10.3 million iPads, 46.7 million iPhones, and 5.4 million Macs during the quarter.

“We’re happy to report a very strong finish to a great fiscal 2017, with record fourth quarter revenue, year-over-year growth for all our product categories, and our best quarter ever for Services,” said Tim Cook, Apple’s CEO. “With fantastic new products including iPhone 8 and iPhone 8 Plus, Apple Watch Series 3, and Apple TV 4K joining our product lineup, we’re looking forward to a great holiday season, and with the launch of iPhone X getting underway right now, we couldn’t be more excited as we begin to deliver our vision for the future with this stunning device.”

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Apple Q3 2017 Results: $45.4 Billion Revenue, 41 Million iPhones, 11.4 Million iPads Sold

Apple has just published its financial results for Q3 2017. The company posted revenue of $45.4 billion. Apple sold 11.4 million iPads, 41 million iPhones, and 4.3 million Macs during the quarter.

“With revenue up 7 percent year-over-year, we’re happy to report our third consecutive quarter of accelerating growth and an all-time quarterly record for Services revenue,” said Tim Cook, Apple’s CEO. “We hosted an incredibly successful Worldwide Developers Conference in June, and we’re very excited about the advances in iOS, macOS, watchOS and tvOS coming this fall.”

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Apple Q2 2017 Results: $52.9 Billion Revenue, 50.8 Million iPhones, 8.9 Million iPads Sold

Apple has just published its financial results for Q2 2017, which covered the period from January 1, 2017 through to April 1, 2017. The company posted revenue of $52.9 billion with a quarterly net profit of $11 billion. Apple sold 8.9 million iPads, 50.8 million iPhones, and 4.2 million Macs during the quarter.

“We are proud to report a strong March quarter, with revenue growth accelerating from the December quarter and continued robust demand for iPhone 7 Plus,” said Tim Cook, Apple’s CEO. “We’ve seen great customer response to both models of the new iPhone 7 (PRODUCT)RED Special Edition and we’re thrilled with the strong momentum of our Services business, with our highest revenue ever for a 13-week quarter. Looking ahead, we are excited to welcome attendees from around the world to our annual Worldwide Developers Conference next month in San Jose.”

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Apple Q1 2017 Results: $78.4 Billion Revenue, 78.3 Million iPhones, 13.1 Million iPads Sold

Apple has just published their financial results for Q1 2017, which covered the period from September 25, 2016 through to December 31, 2016. The company posted revenue of $78.4 billion. Apple sold 13.1 million iPads, 78.3 million iPhones, and 5.4 million Macs during the quarter.

“We’re thrilled to report that our holiday quarter results generated Apple’s highest quarterly revenue ever, and broke multiple records along the way. We sold more iPhones than ever before and set all-time revenue records for iPhone, Services, Mac and Apple Watch,” said Tim Cook, Apple’s CEO. “Revenue from Services grew strongly over last year, led by record customer activity on the App Store, and we are very excited about the products in our pipeline.”

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