Tonight Apple has posted the results of the first fiscal quarter of 2019. Recall that the financial year coincides with the calendar, and first quarter for Apple ended on December 29, 2018.
In a nutshell, all the pessimistic forecasts of analysts confirmed. The company’s revenue for the reporting period amounted to 84,3 billion, which is 5% less than last year. Net income was also reduced. Last year it was $ 20 billion, and this year to 19.9 billion dollars.
Recently Apple does not reveal in their reports, the sales of devices. However, some financial indicators cupertinos still divided. So from the report it became known that the revenue from iPhone sales fell by 15%, but revenue from Mac sales increased by 9%, from sales of iPad by 17%. Total revenues from all products except the iPhone grew by 19%.
As for the company’s services, the revenues continue to grow. Compared to the same period last year this figure increased by 19% and reached the level of 10.9 billion dollars. According to some analysts, this trend will continue in the future.