[ad_1]
Apple said fourth-quarter sales this year could be lower than Wall Street's forecast and that its CEO, Tim Cook, blamed weak emerging markets, currency costs and the uncertainty of find out if the iPhone maker could meet the demand. New products.
Apple expects a turnover of 89 to 93 billion dollars for the first quarter of its fiscal year ended in December, while the median estimate of Wall Street is 93 billion, according to Reventive data .
During the quarter ended September, Apple achieved a business turnover of $ 62.9 billion, with earnings per share of $ 2.91, exceeding expectations of $ 61.5 billion and 2 , 79 USD respectively.
In an interview with Reuters, Mr. Cook said that some expectations had been explained by Apple's release of the latest iPhone models during the fourth quarter of its fiscal year.
He also said that the exchange rate would have a negative impact of $ 2 billion on Apple's sales prospects.
Cook said that Apple was not sure it could make enough new models of iPhone, iPad and Mac launched in recent weeks.
"We are seeing some macroeconomic weakness in some emerging markets," he said without naming Apple.
But Cook confirmed that Apple was pleased with its performance in China, where revenue grew 16 percent to $ 11.4 billion in the fourth straight quarter of double-digit growth in the region.
When Wall Street closed yesterday, Apple's shares rose more than 25% from their year-to-date level, thanks to Warren Buffett's purchases and a $ 100 billion stock buyback program. of dollars.
According to Fact data, Apple sold about 46.9 million iPhone phones in the fourth quarter of its fiscal year, which is lower than the median forecast of analysts of 47.5 million phones.
But the average price of selling iPhone phones was $ 793, well above analysts' estimates of $ 750.78.
For the 2018 fiscal year ended in September, Apple recorded a business turnover of 265.6 billion USD and a profit of 11.91 USD per share, exceeding the analysts' estimates of 264 billion USD and $ 11.79 per share.
[ad_2]
Source link
