In just nine months, Apple's profits almost reach the reserves of the Central Bank



[ad_1]

Unstoppable apple

It sold 41 million phones in the third quarter, which represents an income of $ 30,000 million, despite fears over the US trade war. and China

Apple earned net income of $ 45,406 million in the first nine months of its 2018 fiscal year, 20.6% more than in the same period of the previous year, during which she earned $ 37,637 million. . This figure is lower than the $ 58 billion that the Central Bank has on reserves.

The technology company recorded in these first three quarters of the fiscal year an income of $ 202.695 billion or 14.7% more than the same nine months of the year. Fiscal year 2017, for which it obtained 176.655 million US dollars.

Investors and Apple enthusiasts expect that the new model will be introduced in September from the iPhone, the smartphone that concentrates much of the revenue of the technology giant.

In this sense, Apple sold 41.3 million iPhone phones in the third quarter which spans from April to June, the business figure for the first quarter. Apple's last quarter was $ 53,265 million, which is more than the $ 45,408 million it has earned. in the same stretch of the year or earlier.

Similarly, Apple posted net earnings of $ 11,519 million in the third quarter, up from $ 8,717 million in the same months of 2017.

"We are pleased to announce the best result of the June quarter of Apple and our fourth consecutive quarter with double-digit growth of the business figure, "said the CEO in A press release. Apple, Tim Cook.

The head of the company argued that the good results of the third quarter are due to the "solid sales" of the iPhone, Apple's services and its wearables, and also badured that They are "very excited" by their upcoming launches.

Attentive Markets

The company, which is looking to diversify not to depend so much on the iPhone, has seen its revenues increase by 31% to 11,500 million dollars. services like d and iTunes Store, Apple Music, Apple Pay, among others, during the third quarter of the fiscal year

Markets have been very attentive to the possibility of finding disruptions in Apple because of the commercial war between the United States and China ; one of the main markets of the firm manzanita and on which it depends a lot.

In addition to generating a business turnover of 9.500 million dollars during the quarter, Apple badembles in China most of its devices.

even better than expected results at a time when the values ​​of technology companies are in trouble; especially after the disappointing results of the Facebook social network whose share has lost 20% since it's revealed its quarterly data.

[ad_2]
Source link