Apple reported fourth-quarter earnings that beat analyst expectations on Wednesday, thanks to strong performance in services and its fast-growing wearables business. Investors were watching Apple’s guidance for its important holiday quarter, which was in line with analyst estimates. Apple is signaling that it expects growth over last year’s holiday quarter, where it was hit by a major downturn of iPhone sales in China. He also signaled an optimistic note on the U. However, it wasn’t all good news for Apple. The company recently released a new more expensive version, the AirPods Prowhich could figure into the holiday quarter’s sales. Cook said that Apple’s wearables business grew in every market around the world that it tracks. Most of Apple’s sales growth happened in the Americas, as sales in Europe, Japan and Greater China were all down slightly from last year’s quarter.
iPhone unit volumes may have fallen by 23% to 30%, depending on who you ask.
View PDF. All rights reserved. Apple and the Apple logo are trademarks of Apple Inc. Other company and product names may be trademarks of their respective owners. Apple Reports Fourth Quarter Results. Apple is providing the following guidance for its fiscal first quarter:. The dividend is payable on November 15, to shareholders of record as of the close of business on November 12, Apple will provide live streaming of its Q4 financial results conference call beginning at p. PDT on November 1, at www.
A tale of two third-party estimates
This webcast will also be available for replay for approximately two weeks thereafter. Apple periodically provides information for investors on its corporate website, apple. This includes press releases and other information about financial performance, reports filed or furnished with the SEC, information on corporate governance and details related to its annual meeting of shareholders. This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of These statements involve risks and uncertainties, and actual results may differ. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates. Matt Blake Apple mattblake apple.
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In both cases, Apple was the hardest hit among the top five smartphone vendors. Maestri did not specify how large it is, but said in January that the iPhone installed base had reached million. Asked in Apple Computers How much money does Apple computers make per year? In one case, ASPs are rising, while in the other, they’re falling. Full press release after the break, and stick around for our earnings call live blog at the top of the hour:. Image source: Apple. Related Articles. How much does Nike make a year?
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Asked in Salary and Pay Rates How much money does apple make a day? The dividend is payable on August 16, to shareholders of record as of the close of business on August 13, Evan Niu, CFA. In one case, ASPs are rising, while in the other, they’re hoow. I don’t know BUT Apple did not make the ihome. May 1, at PM. Canalys’ estimate of
Apple set to break own record for most profitable quarter
Apple is scheduled to report fiscal fourth-quarter earnings after the market closes Wednesday. The results will include 10 days’ worth of sales for iPhone 11 models, providing the first look at how the new slate of devices is selling. The iPhones were released for sale on September 20 and the company’s quarter ended on September Investors and analysts will also be watching closely for any guidance oast on iPhone sales for the upcoming holiday season. Wednesday’s results will also be the last before Apple begins offering its video streaming platform Apple TV Plus. The service is scheduled to be released Friday and it reflects the company’s continued push into services to diversify revenue.
iPhone down, but nearly everything else up
The iPhone maker is still embroiled in the trade war between the US and China. Investors will likely be looking out on the conference call for comments by CEO Tim Cook regarding the effect of the trade dispute on Apple’s sales and profit. He tells us what he’s buying now ahead of the ‘worst crash of our lifetime. Shares of Apple are up more than The stock has 25 «buy» ratings, 17 «hold» ratings, and six «sell» ratings. Ives added: «The Street will be focused on iPhone 11 demand with all eyes on Apple’s guidance for the December quarter. YoY gross profit dollar growth is still accelerating intowhich is correlated to stock price,» analysts at Bank of Qyarter Merrill Lynch wrote in a note to clients Monday. The analysts added: «We reiterate Buy on services reacceleration, 5G tailwinds and strong capital return. The analysts added: quaryer are not recommending investors add incremental positions heading into the print, but rather use any share price weakness following the print to double down on the multi-year earnings trajectory. Pre-market AM.
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