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Hi-Tech / Hardware

For the first time in 7 years, but Apple brought less than half of the revenue

3DNews: Novosti Hardware 31.07.2019 at 05:23

3DNews: Novosti Hardware

Apple has published a report on the work in the third quarter of 2019 fiscal year, which ended for her on 29 June (the period coincides with the calendar third quarter). Year-on-year revenue for the period rose, but by only one per cent, to $53.8 billion, But even such a little allowed Apple to argue about the best June quarter in the company's history. But, in fact, not so much. Sales of Apple smartphones fell by 12 % to $25,99 billion for the First time since 2012, quarterly revenues from sales of smartphones has formed less than half of the total Apple revenue for the period. Losses in the smartphone market could not affect the operating profit and net profit. So, with a quarterly operating profit for the year decreased from $12.6 billion to $11.5 billion and net quarterly profit of the company decreased from $11.5 billion to $10 billion, Respectively, the company reduced earnings per share by 7% to $2,18 per paper.