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Sales rose 17 percent to $ 53.3 billion and are in line with Apple's expectations three months ago. Reuters analysts realized a $ 52.3 billion business figure in advance. Earnings rose again to $ 11.5 billion.
The technology company achieved the lion's share of sales (29.9 billion) from the sale of iPhones. The number of aircraft sold increased by 1% to 41.3 million. It's something but what analysts counted on. But they did not expect the average yield per machine to be so high. It increased to $ 724, which was calculated at $ 699. Last year it was still 606.
The iPhone X goes well
This means that the most expensive device in the Apple range is doing very well. Apple has devices in several price categories in stores, from 420 euros for a budget device to the iPhone X: the first device that costs more than 1000 dollars.
Three months ago, Apple CEO Tim Cook said the flagship product was the best-selling model out of the range every week. With that, he wiped all the doubts about the price that was too high and the decreasing popularity of the X. Now he seems to be right.
Revenues from the App Store and Apple Music up
The Services division is one of the other parties that analysts were eagerly awaiting. This includes Apple Music revenues, but also cloud services and perhaps the most important: the App Store.
The business turnover of this division has increased by 31 percent over last year to $ 9.5 billion. Although the sales figure of this division is not as important as the sale of the iPhone, it is the most important of all other categories and more growth is so fast.
Apple expects a turnover of 60 to 62 billion.
Share
The share has been at a disadvantage. So, the market seems to react in a week that is at least hectic for the other giants of technology. The stock price of Facebook, Twitter and Netflix dropped earlier as they revealed their quarterly figures.
See also: Technology companies are threatened again, the fear of a sharp fall in prices
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