Saturday, 16 February, 2019

Apple shows record-breaking results for Q4 of the fiscal 2018

Apple expects fiscal first-quarter 2019 revenue to be between $89 billion and $93 billion Apple expects fiscal first-quarter 2019 revenue to be between $89 billion and $93 billion
Emmett Howard | 05 November, 2018, 23:05

The Cupertino, California-based company blamed weakness in emerging markets and foreign exchange costs for a disappointing forecast for sales in the run-up to Christmas that are crucial to results for consumer electronics producers.

This will be the last quarter that Apple reveals how many iPhones, iPads, and Macs it shipped.

This just in, Apple makes a lot of money!

Investors punished Apple in after-hours trading Thursday for one or both of two reasons. Last month the shares were changing hands for $233.

Last Friday, Apple shares had fallen sharply, dragging the United States tech major's market value below $1 trillion after the company forecast softer-than-expected sales for the holiday quarter and fueled nerves over iPhone sales by saying it would no longer release the figures.

The sales of Mac also declined; Apple sold 5.3 million units of Macs in the quarter as compared to 5.4 million units sold in the same period a year ago. One must remember that the iPhone XS, released in September, won't show up in sales until next quarter.

Bears vs. Vikings flexed to Sunday night in Week 11
Now, the lights will be on at Soldier Field as the Bears hit Sunday night Football for the first time since Week 1. But we're trying to really create our own culture and create our own history.

Red Star Belgrade v Liverpool
Klopp isn't anxious about the safety of Shaqiri , rather he'd prefer to keep the narrative around football than politics. He added: "A lot of times I have made decisions about a travelling squad and so far the players always accepted it".

Target Reveals Black Friday Plans
Target says it will also have a new mobile checkout option, following a similar announcement that Walmart made earlier this week. In terms of doorbuster sales, you can get an Xbox One S 1TB Minecraft Creators Bundle, plus $60 Kohl's Cash for $200.

The iMac to iPhone company, co-founded to sell personal computers by the late Steve Jobs in 1976, became the first company to be valued at $1tn in August when its shares topped $207.05 for the first time. The company sold fewer iPhones than analysts expected, but revenue was up thanks to their higher selling price. Apple has raised the prices of its high-end iPhone models in recent years to offset slowing unit sales growth and sagging demand for smartphones. It's also the central hub for connecting the other devices and using services.

Apple's Services business reported a 17 percent increase in revenue to $9.98 billion.

Apple, however, still has no timeline on the launch of its retail stores in India. The company is working on digital newspaper subscriptions and original video content for next year. In terms of revenue, Apple broke its own record with $62.9 billion, 20% up from a year ago. Apple's resilience was all the more impressive considering the company is exposed to China at a time of escalating trade tension with the U.S.

Sales in Greater China came in at $11.4 billion in the quarter, up 16 percent from a year earlier.

Apple's revenue from other products recorded the maximum growth, bringing in US$4.23 billion, up by 31% YoY.

On the call with analysts, Apple CEO Tim Cook tried to explain the decision to do away with unit sales figures by way of a grocery store analogy. That's a nice jump for a category that saw its lowest sales numbers since 2010 in the third quarter.

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