Apple Reports Record Earnings


Coupertino, California – November 1, 2018 – Apple announces financial results for its financial 2018 fourth quarter ending on September 29, 2018. The company generated quarterly revenues of $ 62.9 billion, up 20 percent from the quarter a year ago and quarterly earnings slim part of $ 2.91 up 41 percent. International sales are responsible for 61 percent of quarterly revenues.
Service revenues reached the highest time of $ 10 billion Excluding the favorable adjustment of $ 640 million recognized in the fourth quarter of fiscal year 2017, the revenue of service revenue increased from $ 7.9 billion in the fourth quarter of 2017 to $ 10 billion in the fourth quarter of fiscal year 2018, which is 27 percent The increase is.
“We are thrilled to report another record-breaking quarter, which capped a fantastic fiscal year 2018, the year we sent 2 billion iOS devices, celebrated the 10th anniversary of the app store, and the strongest in the history of Apple Received revenue and earnings, “Apple CEO Tim Cook said. “In the last two months, we have made great progress through our new versions of the iPhone, Apple Watch, iPad and Mac, along with new versions of our four operating systems for our customers, and we have the highest number of products and services in our holiday season. Never enter with strong lineup. ”
“We concluded a record year with our best September quarter, double digit numbers are increasing in every geographical segment. We have Apple CFO Luca Maestri, said,” We expect September quarter revenue for iPhones and Wearebels and services and Mac’s We have set a quarterly record for all time. “” We made $ 19.5 billion in operating cash flow and in September quarter the shareholders were able to get $ 23 billion He bought more returns, and in fiscal year 2018, total capital has become almost 90 billion dollars. ”
Apple is providing the following guidance for the first quarter of its financial year 2019:
  • Revenue between $ 89 billion and $ 93 billion
  • Gross margin between 38 percent and 38.5 percent
  • Operating expenses between $ 8.7 billion and $ 8.8 billion
  • Other income of $ 300 million / (expenditure)
  • Tax rates of around 16.5 percent before different items
Apple’s board of directors has declared a cash dividend of $ 0.73 per share of the company’s common stock. Dividends payable to the shareholders of the record as November 15, 2018 on November 12, 2018, as the closure of the business on November 15, 2018.
Your Q4 2018 Financial Results starting with Apple 201 PM will provide live streaming of the conference call. On November 1, 2018 at PDT www.apple.com/investor/earnings-call/ This webcast will also be available for Replay for approximately two weeks after this.
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In this press release, in the meaning of the Private Securities Litigation Reform Act of 1995, further statements appear. In this forward-looking statement, the company’s estimated revenue, gross margin, operating expenses, other income / expenditure are included without limit, tax rate, and plans for return of capital. These statements include risks and uncertainties, and actual results may vary. Risks and uncertainties include without limitation: the impact of global and regional economic conditions on the company’s business, including the impact of decision by consumers and businesses; The ability to compete in the competing markets of the company, which are increasingly competitive and are rapidly subject to technological change; The company’s ability to continually introduce products and services, including access to the market and the management of transition, and to encourage customer’s demand for new products, services and technical innovations from time to time; Impact and changes in the mix of products and services and the introduction of geographic, currency or channel mix, component cost, price competitiveness, or new products, including new products with high cost structures, can be on the gross margin of the company; Company’s dependence on the performance of distributors of the company’s products, including cellular network carriers and other resellers; In order of customer orders to order product components or order related to the company’s requirement and other asset risk; Acceptable conditions, or at all, with continuous availability, components and technologies on certain components, services and new technologies required for the company’s business, which may be available only from single or limited sources; Company dependence on manufacturing and logistics services provided by a third party, many of which are located outside of the United States and which may affect the quality, quantity or cost of the company or services produced; Impact of product and services design and manufacturing defects on the company’s financial performance and reputation; Company third party Intellectual property and reliance on digital content, which can not be commercially reasonable terms or available to the company on the company; Company dependence on the support of third party software developers to develop and maintain software applications and services for the company’s products; The effect of adverse legal proceedings, such as potential investigation, is that the company has violated the intellectual property rights of others; The effect of changes in the laws and regulations affecting the company’s activities, including the ability of the company to offer products or services to customers in different areas; The company’s ability to manage the risks associated with its international activities, including compliance with the laws and regulations affecting the company’s international activities; Company’s ability to manage risks associated with retail stores; The ability to manage risks associated with investing in company’s new business strategies and acquisitions; Impact on the company’s business and reputation by the release of information technology system failures, network disruption or loss or unauthorized access, or confidential information; Company’s ability to comply with laws and regulations regarding data protection; Continual service and availability of key officers and employees; Political phenomena, international trade disputes, war, terrorism, natural disasters, public health problems, and other occupational barriers that can interfere with the supply or distribution of the company’s products; Financial risk, in which the market value of the investment portfolio of the company includes risks of currency fluctuation, credit risk and fluctuation; And changes in tax rates and additional tax liabilities. More information on these risks and other potential factors which may affect the financial results of the company, are included in the filing of the company with the SEC, in which the “risk factor” and “management discussions and financial position analysis and consequences of operation” Section included. The company’s recently filed periodic report on Form 10-K and Form 10-Q and subsequent filing. The Company does not take any responsibility to update any further appearing statements or information which speaks according to their respective dates.
Apple made a revolution in personal technology with the introduction of Macintosh in 1984. Today, Apple goes to the world in innovation with the iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms – iOS, MacOS, WatchOS and TVOS – provide seamless experience across all Apple devices and empower people with successful services including app stores, apple music, apple.