[ad_1]
The computer group Apple Tuesday published a quarterly net profit up more than 30% to 11.5 billion dollars, helped in particular by a rise in the price of the iPhone.
Apple announced Tuesday Quarterly results outpaced expectations for the period, favoring both the more expensive iPhone sales and rising revenue from the service business, which includes Apple Music, the App Store and iCloud. Reported by share, reference in North America, the profit comes out to 2,34 dollars, more than envisaged by the markets, which counted on 2.18 dollars while the turnover is also better than envisaged, with 53,27 billions of dollars (+17%).
»READ ALSO – Apple's iPhone will soon be able to open doors or transform itself into a subway map
The iPhone sales, which have been very well observed, have proved themselves on the other hand a little below expectations, with 41.3 million units sold (+ 1%) but Apple more than made up for it with a rise in selling prices, allowing the revenue from smartphones to grow by 20% to reach $ 29.9 billion. This is due in particular to the release in 2017 of the iPhone 8 and especially the iPhone X, whose sale price starts in the United States to nearly $ 1,000.
The "best third quarter" Apple
CEO Tim Cook mentioned in the release of results, the "best third quarter" of Apple, helped by "strong sales of iPhone, services and connected objects." The giant, which seeks to diversify as it is financially dependent on the iPhone, has notably increased by 31%, to 9.55 billion dollars, revenue from "services" (iTunes Store, Apple Music, Apple Pay …).
»READ ALSO – Amazon and Apple: the race to 1000 billion valorization
This publication has visibly rebadured investors and the title rose from 2.65% to 195.34 dollars in electronic trading following the closing of Wall Street around 21H10 GMT, a level still insufficient to reach the symbolic threshold of 1000 billion market capitalization. The group ended the official session with a market capitalization of 935.3 billion dollars.
[ad_2]
Source link
