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.
Apple this afternoon disclosed its [fiscal] Q3 2018 earnings report, offering a look at its performance over the past 3 months. During the period, the company beat both its own and Wall Street’s expectations by selling 41.3M iPhones and earning $53.3B in revenue. Here’s a full breakdown of the numbers.
Microsoft’s co-founder and former Apple rival Bill Gates has backed billionaire investor Warren Buffett’s decision to increase his stake in Apple, saying it’s the most well-positioned technology company when it comes to profits.
Apple earlier today announced the financial results for its fiscal second quarter of 2018, and the numbers for the 3-month period are outstanding. The company beat Wall Street expectations across the board, and grew in almost every category year-over-year.