iPad & iPhone User - USA (2019-08)

(Antfer) #1
NEWS

During Apple’s call, Tim Cook walked a careful line on China, and
teased us about future releases. Jason Snell reports

A


pple’s latest quarterly results are in, and
they’re just what you’d expect: the portrait
of a company that’s massively profitable and
successful, but whose main product is lagging behind
while new product lines are growing just fast enough
to make up the difference. I guess we yawn at $53.
billion in revenue these days – that’s a record for
Apple’s sleepy third fiscal quarter, but up only 1
percent over 2018’s record Q3.

Apple’s Q3 2019 results

NEWS


DuringApple’scall,TimCookwalkedacarefullineonChina,and
teasedusaboutfuturereleases.Jason Snell reports

A


pple’s latest quarterly results are in, and
they’rejustwhatyou’dexpect:theportrait
ofacompanythat’smassivelyprofitableand
successful,butwhosemainproductislaggingbehind
whilenewproductlinesaregrowingjustfastenough
to makeupthedifference.Iguessweyawnat $53.
billioninrevenuethesedays–that’sarecordfor
Apple’ssleepythirdfiscalquarter,butuponly 1
percent over2018’srecordQ3.

Apple’s Q3 2019 results
Free download pdf