NEW YORK, January 30. /TASS/. Apple recorded in the first quarter of 2019 fiscal year, the reductions in both revenue and profit. This is evidenced by published on Tuesday reporting.
During the three months ended December 29, 2018, the company’s total revenue amounted to $of 84.31 billion, and net income of $19,97 billion Both figures showed a decline compared to the data for the first quarter of 2018 fiscal year. Then Apple’s revenue was $88,29 billion and a profit of $of 20.06 billion
The newspaper the Wall Street Journal notes that this is the first time in about 10 years, when in the first quarter of the fiscal year declined Apple’s revenue, and its net profit. The publication notes that for this quarter have winter holidays, when people traditionally buy gifts.
The company also presented forecasts concerning financial results for the second quarter of 2019 financial year. Apple expects that the revenues will be from $55 billion to $59 billion
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