In addition to the figures announced in the results for this quarter, Tim Cook's company has already announced that next quarter they expect financial results somewhat below what can be expected, although They will work on it to improve this calculation of figures and go back during the next quarter.
This first quarter, which in theory is the strongest for Apple, was already expected to be complicated after Tim Cook's statements, but the 15% decline in revenue from the iPhone is a serious blow to these results, despite the fact that they have achieved new all-time highs for numbers on Macs, wearables and services.
IPhone revenue falls 15% from October to December. The quarter is undoubtedly marked by the health of sales of the new iPhone models that the company launches in September and in this case the fall in these makes the rest negative, but this has not been as strong a fall as many predicted and the firm holds up well, obtaining income from other segments.
The Positive: Services, Macs and Wearables Set New All-Time Revenue Records
And it is that not everything is bad news for this quarter, the income from services reached a historical maximum of 10.875 million dollars, growing 19 percent over the same period of the previous year. Revenue from Mac and Wearables, Home and Accessories has also hit record highs, growing by 9 percent and 33 percent, respectively. On the other hand, in the case of iPad revenues, growth is 17 percent. Apple offers the following guidance for the second quarter of its fiscal 2019 year:
- Income between $ 55.000 and 59.000 billion
- Gross margin between 37 percent and 38 percent
- Operating expenses between $ 8.500 billion and $ 8.600 billion
- Other income / (expense) of $ 300 million
- Approximate tax rate of 17 percent
On the other hand, these are the data for the last three months of 2019, adding the forecasts of analysts and the results obtained by the company in the same period of 2018. Revenues for the first quarter are of 84.300 billion dollars when about 83.970 billion dollars were expected from income. During the same period last year, Apple announced $ 88.290 billion in sales, so this year about $ 4.000 billion was "lost along the way."
To end with these data offered by Apple and not be too heavy with figures that more or less were already known, we end with the statements of Apple's chief financial officer, Luca Maestri, which predicted more problems in the sales of the iPhone for the next quarter, which will undoubtedly be a problem for the income of the company that we remember no longer offers us the number of devices sold in any of its segments.
