Apple's profits impressed, and they hinted at a big launch of the iPhone in September

• Apple posted strong earnings Tuesday, exceeding forecasts of revenue and earnings per share.
• Part of the pace was powered by Apple's "services" business, including iCloud, Apple Music and App Store. The business figure of the iPhone and the iPad remained unchanged from last year
• Mac sales fell 13%.

---

Typically, the three months ending in June are the slowest in Apple. However, this year, Apple has recorded the strongest third quarter of the company's history, exceeding badysts' expectations in terms of earnings per share and revenue.

The title propelled the title to more than 3%. However, there were signs of slowing growth. Sales of the iPhone and iPad remained virtually unchanged from the same period last year. Mac sales declined by 13%.

Apple also expects its turnover to be between $ 60 and $ 62 billion in the next quarter, exceeding Wall Street expectations and increasing by 15% from a year ago. year to year. . This suggests a return to a launch in September for new iPhone models.

The "services" business of Apple, which includes iCloud, Apple Music and App Store, grew 31% year-over-year to 9.54 billion US dollars.

Apple declared a dividend of US $ 0.73 per share. Apple's chief financial officer, Luca Maestri, said the company had "returned nearly $ 25 billion to investors through our return of capital program during the quarter, including share buybacks." of 20 billion US dollars. "

is done here. Thank you for being attentive!

5:57: "We have never done an internal badysis on the number of people with a cheap battery" instead of a new phone, says Apple.

5:49: Revenues on Apple Music increased more than 50% during the quarter, which Apple calls good results.

5:46: "The cutting of the rope is only going to accelerate and accelerate at a faster rate than people thought." Music question "We are very excited to be working with Oprah."

5:44: "We hope that calm heads prevail," said Cook.

5:42: "We will share our opinion with the administration" during the comment period on the latest wave of tariffs. Cook confirms that none of Apple's products was affected by the first three waves of tariffs

5:38: First question about trade and tariffs. "Our view on tariffs is that they appear as a tax on the consumer and eventually result in lower economic growth and can sometimes result in a significant risk of unintended consequences"

5:32: For questions and answers. Cook: "Given the momentum we see … we feel good about our current services, but we are also delighted with our pipeline with new services"

5:22: Greater China , which includes Taiwan and Hong Kong, rose 19% from one year to the next.

5:20: Maestri says that Apple grew up in each of its 15 major markets

5:18: Now CFO Luca Maestri speaks.

5:15: Wow, Cook's opening remarks are much longer than normal.

5:10: 4 million people use the beta software from Apple. In addition, soon you will be able to play with your iPhone at CVS and 7-11.

5:09: The AirPods, Apple Watch and Beats earphones grew 60% from one year to the next. Apple calls these "wearables".

5:07: Apple music has increased by 50%. AppleCare's business figure has grown the most in 18 quarters, Cook said. He really spends a lot of time on services.

5:06: People are downloading more apps than ever before, says Cook. He really insists that the App Store creates jobs.

5:05: Cook says that paid subscriptions from Apple and third parties have exceeded 300 million. There are now 30,000 applications offering application subscriptions.

5:03: Apple CEO Tim Cook says it's the highest growth rate recorded by Apple in 11 quarters.

] EPS (diluted) : US $ 2.34, up 40% year-to-year, compared to US $ 2.18 forecasts

Income : US $ 53.3 billion, up 17% from one year to the next, compared to expectations of US $ 52.42 billion

Gross margin : 38.3%, stable from one year to the next, against 38.3% expected.

sales : 41.3 million, stable from one year to the next, against the expectations of 41.6 million

iPhone ASP : US $ 724 compared to expectations of US $ 699

iPad unit sales : 11.5 million, year-on-year

Mac sales : 3.7 million, in down 13% year-over-year

Income from Services : $ US9.54 billion, up 31% from year to year, compared to expectations of 9 , $ 22 billion

Here's a chart with key sales figures:

Graphics:

Watch Now: Tech Insider Videos