Apple on Monday announced plans to report quarterly earnings for the second fiscal quarter of 2019 at the end of trading on April 30, with company executives expected to detail the period's highs and lows in an ensuing investor conference call.
Apple's financials for the holiday quarter were lower than the company intended going into fiscal year 2019, but while issues in China caused revenue to dip, the rest of the figures suggest there is far less to worry about, and in the case of Services and other elements, areas to be happy about.
Apple's revenue for the first quarter of the 2019 fiscal year reached $84.3 billion, just as the company advised earlier in January in a revised down forecast, financial results revealed on Tuesday, with earnings per share increasing year-on-year to $4.18.
The quarter that saw the introduction of the iPhone XS and iPhone XS Max is the last of Apple's fiscal year. At a time when the average selling price has become more important to analysts than ever for Apple's main revenue generator, it is worth looking at several years of previous data to see how the latest one stacks up.
Apple's revenue for the fourth quarter of the fiscal year 2018 hit $62.9 billion, the company revealed on Tuesday, with earnings-per-share of $2.91 growing year-on-year, and iPhone sales of 46.9 million units translating to massive ASPs of $793.
Due to the announced later today, Apple's fourth quarter results are expected by analysts to be a high point among tech company financial reports, with revenue buoyed by the introduction of the iPhone XS and iPhone XS Max and the product line's growing average selling price.
The iPhone X once again held onto its spot as the most popular iPhone model worldwide during the June quarter, Apple CEO Tim Cook said during a Tuesday results call, helping drive iPhone average selling price to new heights.
Apple's revenue for the third quarter of the fiscal year 2018 hit $53.3 billion, the company revealed on Tuesday, with it and the earnings-per-share of $2.34 growing year-on-year, and iPhone sales of 41.3 million units.
With the quarterly earnings scheduled for this evening, most of the analysts on the Apple beat see another quarter of significant growth year-over-year for the company, for the reasons that you may expect. And, those same analysts are looking ahead to the next two quarters already.
Apple set a new high for the March quarter on the back of a premium-priced iPhone lineup anchored by iPhone X, as well as continued growth in the services segment. Following the publication of its first fiscal quarter 2018 results, the company provided additional detail on the record-setting performance in an earnings conference call.
Apple on Tuesday revealed its second quarter results of fiscal year 2018, earning $61.1 billion in revenue, and an earnings-per-share of $2.73 again showing year-on-year growth, with the average selling price of the iPhone staying high above $700.
Revenue reached new heights in Apple's holiday 2017 quarter, but unit sales of the iPhone fell year over year, reflecting the premium-priced lineup of the iPhone X, iPhone 8 Plus and iPhone 8. Following the publications of its first fiscal quarter 2018 results, the company held a conference call with media and analysts, and notes of interest follow.
Apple continued its streak of record breaking holiday quarters, coasting to new heights yet again with revenue of $88.3 billion and earnings per share of $3.89, based largely on the highest-ever average selling prices for iPhone lineup.
Exceeding market expectations with another strong quarter, Apple saw growth in its three main businesses of iPhone, iPad and Mac, on its way to $46.7 billion in revenue. Following the reveal, the company held a conference call with media and analysts, and notes of interest follow.
Apple on Thursday reported an iPhone 8 launch quarter that exceeded market expectations, topping revenue from a year ago by 12 percent as Apple's diversified iPhone lineup is showing signs of strength.
Apple again saw its sales and revenue grow in the third fiscal quarter of 2017, with $45.4 billion in revenue on strong iPhone, iPad and Mac sales. Following the news, the company held a conference call with media and analysts, and notes of interest follow.