iPad & iPhone User - USA (2019-11)

(Antfer) #1
NEWS

iPhone revenue dips nearly  10   percent, but wearables come to the
rescue. Michael Simon reports

W


ith the all-important holiday quarter looming
and the launch of the Apple TV+ video-
streaming service (see page 63 ), Apple has
declared that it’s weathering the iPhone downturn just
fine. For its final fiscal quarter of 2019, Apple posted
revenue of $64 billion, an increase of 2 percent from
the year-ago quarter and representing the upper end
of  its guidance, and quarterly earnings per diluted
share of $3.03, blowing away estimates.

Apple Q4 2019 earnings


NEWS


iPhonerevenuedipsnearly 10 percent,butwearablescometothe
rescue.MichaelSimonreports

W


iththeall-importantholidayquarterlooming
andthelaunchoftheAppleTV+video-
streamingservice(seepage 63 ),Applehas
declaredthatit’sweatheringtheiPhonedownturnjust
fine.Foritsfinalfiscalquarterof2019,Appleposted
revenueof$64billion,anincreaseof 2 percentfrom
theyear-agoquarterandrepresentingtheupperend
of itsguidance,andquarterlyearningsperdiluted
shareof$3.03,blowingawayestimates.

Apple Q4 2019 earnings

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