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IPad and Apple services stand out in Apple's quarterly report

IPad and Apple services stand out in Apple's quarterly report

AppleIn a revenue report for the third quarter on Tuesday, it said its revenue exceeded and exceeded analyst estimates. The company has an income of $ 2.18 per share. total revenue of $ 53.8 billion announced.

In the same quarter of last year, the company generated a total revenue of $ 53.27 billion, with 2.34 revenue per share. Apple, earnings per share in the previous quarter of $ 2.46 billion in total income is under $ 58.02 billion, he said. Apple shares rose 32.36 percent during the year.

19 percent of total revenue from Apple services

Let us remind you that there is a significant increase in revenue from Apple services. If you remember, Apple, last March, only a special event was organized services. At this point, iCloud, App Store, Apple Music, Apple Pay, and other new services are key to Apple's future growth and revenue diversification. Services accounted for 19 percent of Apple's revenue in the last quarter. Please note that Apple TV + and the gaming service Apple Arcade will also be available in the fall. The credit card designed by the company in partnership with Goldman Sachs will be available at the end of the summer.

As a result, revenue from Apple services was announced as $ 11.46 billion.

12 percent drop in iPhone sales

IPhone revenues of $ 29.47 billion in the previous year, Apple's iPhone revenue of $ 25.99 billion this year fell to the level. This is an annual basis a 12 percent drop means. It is also worth mentioning that the company's revenue expectation from iPhone sales is below the expectations of Wall Street. Apple earned $ 109 billion in telephone revenue, compared to $ 128.1 billion in 2018. For the first time since 2012, Apple's iPhone sales in a quarter did not account for 50 percent or more of its total revenue. iPhone sales contributed 48.3 percent to Apple's total revenue of $ 53.8 billion.

iPad in the old days

In the third quarter, revenue from iPad sales rose from $ 4.63 billion to $ 5.02 billion. In the last quarter, the iPad recorded its strongest revenue growth in six years. In the wearable accessories category, sales of $ 5.53 billion in three months It took place. In the same quarter of last year, the sales were announced as $ 3.73 billion.

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