In Apple's 3rd fiscal quarter the company sets a new record

Financial-results-apple

The benefits at Apple for this third quarter have been really interesting for the firm if we look at the numbers obtained. In this quarter of June, Apple set a new record in which the much of it is due to the service sectorThese continue to grow month by month and Apple continues to study how to add more options to the existing ones.

But not everything is focused on these services and it is that the company obtains in this quarter for them a benefit of nothing more and nothing less than 53.800 million dollars, Therefore, it increases these by 1% over what was obtained in the same period of the previous year.

Apple's own CEO, Tim Cook explained to the attendees:

This has been the best quarter of June to date, driven by the historical record in revenues from Services, by accelerated growth in wearables, strong performance on iPad and Mac and significant improvements on the iPhone trend. These are promising results in all of our geographic segments, and we are very confident about what is to come. The balance of the 2019 calendar year will be exciting, with important launches on all our platforms, new services and several new products.

By your side Luca Master, Apple's CFO argued a bit more with figures:

The year-over-year commercial performance of our business has improved compared to the March quarter and generated strong operating cash flow of $ 11.600 billion. We returned more than $ 21.000 billion to shareholders during the quarter, including $ 17.000 billion through the open market buyback of nearly 88 million Apple shares, and $ 3.600 billion in dividends and equivalents.

Actually the important thing is to keep growing and it seems that the company did it this quarter, with revenues of between $ 61.000 billion and $ 64.000 billion, which represents a gross margin of between 37,5% and 38,5%. The company is really satisfied with the results shown after several months with not so good numbers and for this reason they also highlight that 59% of the sales of this fiscal quarter have been made outside the United States, an important figure to continue growing beyond from your own country.

You can see more regular information for the company's investors on the corporate website, apple.com/uk, and on its investor relations website,  investor.apple.com.


Buy a domain
You are interested in:
The secrets to launching your website successfully

Leave a Comment

Your email address will not be published. Required fields are marked with *

*

*

  1. Responsible for the data: Miguel Ángel Gatón
  2. Purpose of the data: Control SPAM, comment management.
  3. Legitimation: Your consent
  4. Communication of the data: The data will not be communicated to third parties except by legal obligation.
  5. Data storage: Database hosted by Occentus Networks (EU)
  6. Rights: At any time you can limit, recover and delete your information.