Apple Reports Q1 FY19 Earnings: $84.3 Billion in Revenue, $20 Billion in Net Income

Apple today announced earnings for its fiscal 2019 first quarter which ended December 29, 2018. The Company posted quarterly revenue of ...



Apple today announced earnings for its fiscal 2019 first quarter which ended December 29, 2018.

The Company posted quarterly revenue of $84.3 billion, a decline of 5 percent from the year-ago quarter, and quarterly earnings per diluted share of $4.18, up 7.5 percent. International sales accounted for 62 percent of the quarter’s revenue. Apple had originally estimated revenue to be between $89 billion and $93 billion for the quarter.

Revenue from iPhone declined 15 percent from the prior year, while total revenue from all other products and services grew 19 percent. Services revenue reached an all-time high of $10.9 billion, up 19 percent over the prior year. Revenue from Mac and Wearables, Home and Accessories also reached all-time highs, growing 9 percent and 33 percent, respectively, and revenue from iPad grew 17 percent.





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iATKOS Inside: Apple Reports Q1 FY19 Earnings: $84.3 Billion in Revenue, $20 Billion in Net Income
Apple Reports Q1 FY19 Earnings: $84.3 Billion in Revenue, $20 Billion in Net Income
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