Apple has released its Q4 2018 numbers via its earnings conference call and they look impressive.
The figures, which include two weeks of iPhone XS and iPhone XS Max sales, come to $62.9 billion in revenue with a $14.2 billion profit.
The company sold 46.89 million iPhones, up from the previous quarter’s 41.3 million. 9.69 million iPads were sold, down compared to last quarter’s 11.55 million. Mac sales were up at 5.3 million compared to last quarter’s 3.7 million.
Revenues rose from $52.6 billion to $63.9 billion in a year-over-year comparison, with earnings rising to $14.2 billion from $10.7u billion.
Apple CEO Tim Cook offered the following comments.
We’re thrilled to report another record-breaking quarter that caps a tremendous fiscal 2018, the year in which we shipped our 2 billionth iOS device, celebrated the 10th anniversary of the App Store and achieved the strongest revenue and earnings in Apple’s history.
Apple’s guidance for the first fiscal quarter of 2019, which includes the 2018 holiday buying season, puts revenue between $89 billion and $93 billion with gross margins between 38% and 38.5%. Operating expenses are expected to be between $8.7 billion and $8.8 billion
Stay tuned for additional details as they become available.
Via The Mac Observer