Apple 30-th April will announce profits for the second quarter of 2019
Apple on Monday announced plans to report quarterly earnings for the second fiscal quarter of 2019 to the end of the day April 30, while the leaders of the company expect that details the highs and lows of this period in a telephone conference for investors.
Upcoming conference call scheduled for Tuesday, April 30, at 14:00 Pacific time. It is expected that CEO Tim cook and CFO Luca Maestri will provide detailed financial information by segment for the three-month period ending in March, and will potentially be able at an early stage to evaluate sales of the recently released iPad models and AirPods. It is also expected that the pair will answer questions from analysts.
In January, Apple had revenue of $ 84.3 billion dollars, and iPhone sales amounted to $ 52 billion. Despite the decline in earnings from mobile phone sales by 15% compared to the same period last year, the company showed a global increase of 19%, largely due to stable sales in other sectors.
In accordance with recent quarters, Apple’s service division continued to pursue its strategy of growth during the three month period ending in December. The segment earned $10.9 billion, which represents a historical high. It is expected that the services will be actively developed during the 2019 and 2020, since Apple introduces new products to their existing applications: App Store, AppleCare, Apple Music, Apple Pay, iCloud and iTunes.
Road map of features Apple was unveiled at a special event last week when the first of the new products, subscription to a news service the Apple News+, appeared in the iOS 12.2. Other services, such as Apple TV Channels, Apple TV +, a subscription service for games Arcade of Apple and the Apple Card, supported by the Bank Goldman Sachs, will be released before the end of this year.
In the current quarter, Apple expects revenue of between 55 and 59 billion dollars, and gross profit from 37 to 38 percent. It is expected that operating costs will range from 8.5 to 8.6 billion dollars.
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