In its third quarter earnings statement for fiscal year 2018 on Tuesday, Apple announced revenues of $53.3 billion with iPhone sales of 41.3 million units.
Apple shipped 41.3 million iPhones during the June quarter, up slightly year-on-year from the same period in 2017, when it shipped 41 million iPhones. Revenue from iPhones of $29.9 billion is up year-on-year by 1 percent from $24.8 billion.
iPad sales snagged $4.74 billion in revenue for the quarter, down year-on-year five percent from Q3 2017’s $4.97 billion, with sales of 11.6 million units growing 1 percent from 11.4 million units from the same period last year.
Mac revenue of $5.3 billion for the quarter is 5 percent lower than one year ago’s $5.6 billion. Sales of 3.7 million units are an decrease from the 4.3 million recorded last year. While Apple did recently refresh the MacBook Pro lineup, it will not have affected the reported period’s figures, and it is unclear if it will make considerable changes to the next quarter’s numbers.
Overall revenue in the quarter of $53.3 billion is a year-on-year increase of 17 percent from $45.4 billion, with the earnings per share (EPS) of $2.34 up year-on-year. Last quarter, Apple forecast revenue between $51.5 billion and $53.5 billion, with a gross margin between 38 and 38.5 percent.
Apple has forecast revenues between $60 billion and $62 billion with a gross margin between 38 percent and 38.5 percent for the coming fiscal fourth quarter. Operating expenses for the period are expected to land between $7.95 billion and $8.05 billion, while the company anticipates a tax rate of about 15 percent.
Stay tuned for additional details as they become available.
Via AppleInsider and investor.apple.com