After three weeks, Apple will announce the third quarter results of fiscal year 2019. Recall that it coincides with the second calendar quarter of this year. Meanwhile, analysts are preliminary predictions about how successful a quarter will be for Apple.
It should be noted that in Cupertino do not expect quarter high profits. As practice shows, the third quarter is typically the company’s “weak”, as many users are not buying new devices, preferring to wait for the fall.
The analysts of independent investment company Evercore ISI predicts revenue growth from various firm services. Experts note that in the second quarter of 2019 services brought Apple about 20% of the total quarter’s revenue. In the third quarter, this figure could rise even more.
At the moment the main “service” for Apple is the App store. It brings the company the most profit. In particular, at the end of 2018 App Store provided cupertinos of 37.1 billion dollars in revenue. Analyst at Evercore Amit Daryanani expects total App Store revenue in the third quarter to grow by 18%.