Apple quarterly report
The largest IT company has released a quarterly financial report. What is interesting in it?
The company's revenue fell by 3% to $94.84 billion, although analysts had expected even lower result — $92.96 billion. Net profit for III quarter is $24.16 billion, profit per share — $1.52.
At the same time, more than half of the revenue was generated by the sales of the iPhone, the company's major product — $51.33 billion, which is by 2% more than last year. This is an excellent result, given the fact that overall smartphone sales decreased by 15%.
All other Apple products, including the Apple Watch, Macbook etc., have combined $8.76 billion of sales. Revenue from the App Store and other Apple services grew by 5.5% to $20.9 billion.
These are very good results, which should please investors. The company has a profit, so you need to invest in it. In addition, Tim Cook said that he doesn't plan to cut staff, as it's going in other IT companies. This means that Apple will look even better in comparison with its competitors, the prestige of the company will increase — and then the stocks and the market cap may rise.
The largest IT company has released a quarterly financial report. What is interesting in it?
The company's revenue fell by 3% to $94.84 billion, although analysts had expected even lower result — $92.96 billion. Net profit for III quarter is $24.16 billion, profit per share — $1.52.
At the same time, more than half of the revenue was generated by the sales of the iPhone, the company's major product — $51.33 billion, which is by 2% more than last year. This is an excellent result, given the fact that overall smartphone sales decreased by 15%.
All other Apple products, including the Apple Watch, Macbook etc., have combined $8.76 billion of sales. Revenue from the App Store and other Apple services grew by 5.5% to $20.9 billion.
These are very good results, which should please investors. The company has a profit, so you need to invest in it. In addition, Tim Cook said that he doesn't plan to cut staff, as it's going in other IT companies. This means that Apple will look even better in comparison with its competitors, the prestige of the company will increase — and then the stocks and the market cap may rise.
IDC
Smartphone Market woes continue with 14.6% Drop in first quarter this year, According to IDC Tracker
IDC examines consumer markets by devices, applications, networks, and services to provide complete solutions for succeeding in these expanding markets.
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Forwarded from CRYPTO TREYSI
Audience demographic survey , please vote to improve the quality of content for you.
Where are you from? -continents
Where are you from? -continents
Anonymous Poll
49%
Europe
28%
Asia
16%
Africa
5%
USA
2%
Australia
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CRYPTO TREYSI
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We were slightly wrong, I meant America in general, not the U.S., who is from the North or South America, please like this post, and of course thank you subscribers who care about our mistakes, you soon expect the best crypto project today, include the notification and do not lose me
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