Apple on Tuesday disclosed its [fiscal] Q1 2019 earnings report, offering a look at its performance over the past 3 months. During the holiday period, the company says it pulled in $84.3B in revenue, a decline of 5% from the year-ago quarter.
After spooking investors with its shock warnings of a revenue miss attributed mainly to a China slowdown, Apple will officially report the numbers for the lucrative holiday quarter on Tuesday, January 29.
Apple on Wednesday issued a revision for its fiscal Q1 2019 earnings, lowering its revenue expectations from $89 billion to $93 billion down to ‘approximately $84 billion.” Tim Cook made the announcement in an open letter to investors, and trading halted on the news.
Apple this afternoon disclosed its [fiscal] Q4 earnings report, offering a look at its performance over the past 3 months. During the period, the company sold nearly 47 million iPhones and earned just under $63 billion in revenue. Here’s a full breakdown of the numbers.
Following the release of its Q3 financial results, Apple’s CEO Tim Cook and CFO Luca Maestri hopped on a conference call to talk about the numbers. You already know Apple set a June quarter record earning $53.3B in revenue on 41.3M iPhone sales, but below we’ve listed some other highlights from the call.