Apple's biggest holiday quarter revenue ever is also a record-setter in a number of respects, with growth across nearly every one of Apple's market segments. AppleInsider drills down into the numbers, and puts them in perspective, to show just how well the iPhone maker did in the last quarter.
Apple's September-quarter financial results will be announced by the company on Wednesday, with both the fiscal performance and the initial sales of the iPhone 11 expected to be the main topics of conversation by industry commentators. Here's what analysts observing the company expect Apple will reveal during the conference call and the all-important filing.
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.
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 reported Thursday record fourth quarter profits that rose nearly 25% to $8.2 billion, or $8.67 per diluted share, driven by sales of 26.9 million iPhones, 14 million iPads and nearly 5 million Macs.