David Hanak Yesterday, Apple published the date of the upcoming conference, where the economic results of the company for its second fiscal quarter, i.e. for the period January-March 2018, will be discussed. After a three-month break, we will be able to get another picture of how successful the iPhone X is model. At the previous conference held after the Christmas period, it was shown that the iPhone X is not doing too badly, but overall sales could be better.
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The invitation, which is posted on Apple's official website, shows the date May 1, 2018 at two o'clock in the afternoon local time. During this conference, Tim Cook and Luca Maestri (CFO) will address the developments of the last three months. Once again, we will learn more detailed information about how iPhones, iPads, Macs and other services and products offered by Apple are sold.
During its latest conference call with shareholders, Apple boasted the best quarter in the company's history so far, generating $88,3 billion in revenue during the October-December period. And this despite the fact that year-on-year sales of iPhones fell by more than one percentage point.
The company's results over the past few periods have been driving up service revenue. Their volumes are constantly growing and there is no indication that this trend should stop. Whether it's Apple Music subscriptions, iCloud tariffs or sales from iTunes or the App Store, Apple is making more and more money from services. In less than a month, we will find out how the company performed in these respects in the first three months of this year.
Source: Appleinsider
