Apple reported: iPhone sales are falling, but services, watches and headphones save the company

Apple released a report on the fourth fiscal quarter, which ended on September 28th. Accordingly, the Cupertian giant summed up the results of the entire fiscal year.

So, over the past quarter, Apple earned $ 64 billion, which is 2% more than a year earlier. At the same time, it is worth noting that the revenue from sales of devices decreased from 52.3 to 51.5 billion dollars, but the revenue from services increased from 10.6 to 12.5 billion.

Operating profit fell from $ 16.1 billion to $ 15.6 billion, while net profit fell from $ 14.1 billion to $ 13.7 billion. Sales in both Americas rose, but in Europe, China and Japan, on the contrary, declined.

The manufacturer sold smartphones in the quarter at $ 33.4 billion compared to 36.8 billion a year earlier. Mac PC sales fell from $ 7.3 billion to $ 7 billion, while iPad tablets showed growth: from $ 3.98 to $ 4.7 billion. Of course, sales of wearable electronics, home electronics and accessories increased: from $ 4.2 to $ 6.5 billion. About the services mentioned above.

If we talk about the results of the entire fiscal year, then Apple’s revenue fell from 225.8 to 213.9 billion dollars, operating profit – from 70.9 to 63.9 billion, and net profit – from 59.5 to 55.3 billion.

IPhone sales fell from 164.9 to 142.4 billion dollars, but all other devices showed an increase. Mac PC sales rose from $ 25.2 billion to $ 25.7 billion, iPad tablets from 18.4 billion to 21.3 billion, wearable electronics and accessories from 17.4 billion to 24.5 billion, and services brought 46.3 to the company. billion dollars against 39.7 billion in fiscal year 2018.

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