Apple announces results for the second fiscal quarter of 2018

As usual, every three months say Apple’s announcement of the results of their sales, and by the results of those sales we can judge any company that is advancing or delayed. In this article, you know on the results for the second fiscal quarter of 2018. Is still, Apple gets the profits? Continued with us.


Apple announced today its financial results for the fiscal second quarter of 2018. Where recorded revenue of $ 53.3 million, earnings amounted to $ 11.5 million, or 2.34 per share. Compared to the revenue amounted to $ 45.4 million and profits amounted to $ 8.7 million, or $ 1.67 per share in the same quarter of the previous year 2017.

Total gross margin for the second quarter was 38.3% compared to 38.5% for the quarter similar to 2017, reaching global sales ratio of 60% of revenue. As Apple has announced about the distribution of quarterly earnings of $ 0.73 dollars per share, and this value on 16 August to shareholders.

Apple sold 41.3 million iPhone during the quarter, a slight increase of $ 41.0 million iPhone in the previous year, while sales dropped Mac to 3.72 million devices, compared with 4.29 million devices in the previous quarter. Sales rose IP-bad little to 11.55 million devices compared to 11.42 million devices in the previous quarter.

Said Tim Cook, CEO of Apple: “we are delighted to announce the best performance occurred in the month of June on record, and our results in the second quarter driven by sales of strong, sustained and caused by the iPhone, services, and wearable devices, we are very excited about the products and services that are still in the production lines.

It expects Apple’s rise in fourth-quarter results next fiscal year 2018, the revenues available $ 60 – $ 62 million and a margin of profit between 38 and 38.5%.

Introduced Apple TV Live streaming audio of the conference the financial results of the third quarter of 2018. You can check it from here.

It is the most important statement in this conference

◉ Experienced Apple to rise by 2% directly at its market value in trading hours first after the announcement of the results for the second fiscal quarter, bringing the Apple TV is on its way to the market value of a trillion dollars.

◉ Soaring sales of the iPhone increased by 1% on an annual basis, the average selling price 724 dollars, which surpassed the median forecast of $ 694 USD.

◉ There is no weak points many in the results for the second fiscal quarter. Most notably lower sales of the Mac increased by 13% from the previous quarter.

◉ Apple’s more than 300 million paid subscription.

◉ Achieved the developers of the App Store more than $ 100 million since its launch.

◉ Strong growth in other services. Where grew the Apple Music by more than 50% on an annual basis. Grew revenue AppleCare highest rate over the 18 fiscal quarters, partly due to the expansion in distribution. Rose proceeds of the iCloud services by more than 50% on an annual basis.

◉ Will be the launch of the payment service Apple Pay in Germany later this year.

◉ Exceeded Apple’s revenue for wearable devices $ 10 million during the four quarters of the recent growth of 60% year on year. This includes the Apple watch and AirPods and Beats . Recorded the Apple watch a record in the month of June where the growth rate reached 40%.

◉ To begin a Company Charter Communications provide Apple 4K TV to its customers to nearly 50 million households in the United States.

◉ Experienced Apple’s growth in each of its markets five to ten adults, with a strong performance, especially in the United States, Hong Kong, Russia, the Middle East and Africa. According to CFO Apple Luca maestri.

◉ At the end he told Tim Cook: many of the people who buy Apple products are buying an integrated system, although they may not use all of Apple’s various products.

What do you think about the results of Apple in the third quarter? Do you expect continued increase in profits? Tell us in the comments

Sources:

apple | macrumors


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