Apple shows record-breaking results for Q4 of the fiscal 2018
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
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.
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.
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.
Last week, a benefit concert was held in Los Angeles to raise money for the Mac Miller Circles Fund in honor of the hip-hop star. TMZ reports that Miller had not taken a lethal amount of each individual drug, but that the combination is what caused his death.
Kepler was originally positioned to stare at one star-studded patch of the sky in the constellation Cygnus. Kepler was replaced by the Transiting Exoplanet Survey Satellite (TESS), which was launched in April.
What's likely to happen? "We're not only going to hold the majority, I think we're going to add to it", Sen. American voters have watched the economy grow for two years under Trump, McDaniel said on ABC .
Lowe's Companies, Inc. announced Monday the closure of 20 stores in the US and additional closures in Canada and other locations. Lowe's says it expects to close the impacted stores by the end of the company's 2018 financial year, February 1, 2019.
United were run ragged by Eddie Howe's men in the first half who deserved to be in a handsome lead come the end of the first half. In Florence, Florenzi snatched a point for Roma five minutes from time to cancel out Jordan Veretout's first-half penalty.
The Apple Pencil responds to the touch and users will be able to change or switch between the tools with just a touch. The iPad Pro comes with a price tag of $799 for the 11-inch variant and $999 for the 12.9-inch variant in the US.
He appeared in court in London on Thursday and pleaded guilty to exceeding the alcohol limit, according to the BBC . First officer Katsutoshi Jitsukawa, 42, was already in the cockpit when police detained him on Sunday evening.
If Chicago declined, the Rangers , Hamels's former team, would have paid a $6 million buyout, allowing him to become a free agent. Hamels struck out 13 while pitching a no-hitter at Wrigley Field in his final start with Philadelphia in 2015.
Amazon's offer, which started Monday, applies to hundreds of millions of items and on orders that arrive in time for Christmas . Today Amazon announced that they are offering free shipping to everyone in the United States with no minimum purchase needed.
The turnaround was so quick that Clayton Kershaw's opt-out deadline was pushed from midnight ET on Wednesday to 4 p.m. The Cubs traded left-hander Drew Smyly to the Rangers , clearing his $7 million salary from the payroll.
NASA’s OSIRIS-REx Snaps New Photo Of The Asteroid Bennu
Dawn is a project of the directorate's Discovery Program, managed by NASA's Marshall Space Flight Center in Huntsville, Alabama. After Dawn missed out on communications sessions on Wednesday and today, NASA declared an end to the mission.
Asian, European friends rally behind Iran amid sanctions
America should learn that it can not use the language of force against Iran ... "We have to stand to win." the president said. We are confronting a bullying enemy. "The US - and not Iran - is isolated", Zarif said in a tweet.