Dan Pražák Apple announced financial results for the third fiscal quarter of this year, which was again a record. The revenues of the Californian company increased by almost 8 billion dollars year-on-year.
Over the past three months, Apple reported revenue of $53,3 billion with a net profit of $11,5 billion. In the same period last year, the company posted revenues of $45,4 billion and a profit of $8,72 billion.
In the third fiscal quarter, Apple managed to sell 41,3 million iPhones, 11,55 million iPads and 3,7 million Macs. In a year-on-year comparison, Apple saw only a slight increase in sales of iPhones and iPads, while sales of Macs even fell. For the same period last year, the company sold 41 million iPhones, 11,4 million iPads and 4,29 million Macs.
“We're thrilled to report our best-ever third fiscal quarter, and Apple's fourth consecutive quarter of double-digit revenue growth. The excellent results of Q3 2018 were ensured by strong sales of iPhones, wearables and the growth of accounts. We are also very excited about our products and services that we are currently developing.” said Apple CEO Tim Cook on the latest financial results.
Apple CFO Luca Maestri revealed that in addition to a very strong operating cash flow of $14,5 billion, the company returned over $25 billion to investors as part of the return program, including $20 billion in stock.
Apple is clearly catching up with the neglected computer branch. While for iOS devices it skilfully covers the spectrum from cheap (iPhone SE, iPad) to exclusive (iPhone X, iPad Pro), for computers it is "flabbergasted" - there is the expensive MB Pro, the almost equally expensive but underpowered MB 12″, the MacMini is missing (what he's selling is an iks-year-old dig), MB Air (not everyone wants a laptop for 50), etc. Hence the 13% drop, and that's enough.
I absolutely agree. Hopefully soon Apple will learn from its mistakes, it is speculated that by the end of the year it should update most of its computers + add a cheaper MacBook (replacement for the MacBook Air).
Yes, the highest profits, but a drop to third place in mobile. And Xiaomi is pulling hard...
https://www.svetandroida.cz/huawei-je-dvojkou-na-trhu-se-smartphony/