Apple recorded profits totaling $ 13.7 million in the last quarter of 2019

Announced Apple today announced its financial report for the fourth quarter of 2019, which revealed revenue of $ 64 million, profits of $ 13.7 million decrease annually by 2.83%.

The report revealed Apple last day for achieving the company recorded a profit of AED 13.7 million, a decrease year by 2.83%, while the company achieved revenue of $ 64 million, an increase by 1.74% for the same quarter of last year.


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From another side came the profitability of the shares of Apple worth $ 3.03, i.e. it rose by 4.1% in the fourth quarter of 2019, which ends on 28 September 2019.

I have assured Tim Cook in announcing the financial report that Apple has managed to achieve good revenue in the last quarter of 2019, as the company reported a new revenue in the United States, Asia along with improvements in revenue in the Chinese market also.

I have seen Apple improvements in annual revenues in the Chinese market, where the volatility of reported annual revenue of 27% to 2% in the last quarter of 2019.

Also made Apple’s revenue in the hardware division only worth $ 51.5 million, i.e. a decrease of 1% from last year, mainly due to a decrease in sales of phones iPhone, while the company’s good sales of iPad and smart watches, and headsets.

The record Apple revenues accounted from the sales of phones iPhone only in the quarter that ends in September, up to $ 33 million, but that reduction in revenue has been reduced from 15% last year to 9% this quarter.

While Apple’s growth in the revenue section of the iPad by 17%, contributing iPad Pro bulk of these women, and investigated the annual growth also in revenue by 17%.

Also recorded Mac revenue of $ 7 million, a decrease of 5% from last year, has recorded all of the markets of the United States, India’s highest revenue in sales of Mac devices, while Apple and Apple made record Revenue from hardware sales in Japan market.

Has made Apple a new growth in the revenue section of wearable devices and accessories and some other smart devices, where revenue has been the Apple in this Section 6.5 million, or high annual growth of 54%, while the services of the Apple revenue of $ 12.5 million, i.e. an increase per year of 18%.

Recall that Apple has put a forecast of revenue for the first quarter of 2020 between 85.5 and 89.5 billion, with operating income between 9.6 and 9.8 billion, with a profit margin between 37.5% and 38.5%.

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