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Apple today announced its financial results for the third quarter of 2018, posting a quarterly business turnover of $ 53.3 billion for 41.3 million iPhones, 11.553 million of iPad, 3.72 million Macs and 9.548 billion dollars of services. The company's revenue range was $ 51.5 to $ 53.5 billion for the quarter, compared with $ 45.4 billion for the third quarter of 2017.
Analysts from Wall Street expected that Apple will achieve 15% growth and 31% growth earnings per share compared to the third quarter of 2017. Apple realized 17% of revenue and 40 % growth of BPA from one year to the next.
"We are excited to announce the best quarter of Apple and our fourth consecutive quarter of double-digit growth" Cook. "Our third quarter results were supported by continued strong sales of iPhone, Services and Wearables, and we are very excited about the products and services in our pipeline."
The iPhone continues to account for the majority of Apple's revenue. The product family reported $ 29.906 billion of the $ 53.3 billion in revenue. The turnover of the iPhone family has increased significantly by 20% compared to the same quarter last year.
While unit sales were up 1% on iPhones and iPads, they were down 13% on Mac: A year ago, Apple sold 41.026 million iPhones, 11.424 million iPads and 4.292 million Macs during the quarter. However, revenue from services grew 31% year-over-year from $ 7.266 billion in 2017, while other income increased 37% from $ 2.735 billion in 2017 to $ 3.74 billion. in 2018.
a cash dividend of $ 0.73 per common share, payable on August 16 to shareholders of record at the close of business on August 13.
For the fourth quarter of 2018, Apple offers a range of revenues between $ 60 and $ 62 billion, with a gross margin between 38% and 38.5%. This compares with the projected $ 49 billion to $ 52 billion range expected in the fourth quarter of 2017, exceeding last year with real revenues of $ 52.6 billion.
The company will soon hold a results conference call with analysts. We will cover it live.
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