Apple pulled in more revenue and profits last quarter than it ever has before. These numbers were buoyed by strong iPhone and wearable sales. But the news isn’t all good.
Check out these charts that show with a glance how the company made its money last quarter.
A quick glance at the Apple Q4 2019 earnings report shows the company just finished a record three months, but a deeper dive into the numbers reveals how Apple managed to pull in more revenue than it ever has in a July-through-September period, including strong increases from wearables, iPad and Services.
Shipments of MacBooks were up almost 20% during the second quarter of this year compared to the same period of 2018, according to a market-research firm.
And the analysts predict another 20% growth in the current quarter, buoyed by the release of the 16-inch MacBook Pro.
The total number of all Apple computers in active use is growing strongly, and is about to pass the 1.5 billion mark. This includes Macs, iPhones, and iPads.
That said, most of the total are iPhones. An industry analyst predicts there will be a billion of these in active use by early next year.
After several rocky quarters, Apple set a new record for third-quarter revenue. Plus there’s good news in iPad and Mac sales. However, iPhone revenue slipped considerably.
Check out these charts that demonstrate with a glance how the company did last quarter.
Intel continues to struggle to provide enough processors to meet demand from PC makers, and one of the victims was Apple. This is likely the cause for a slight drop in Mac shipments during the second quarter of this year.
Apple saw a small but significant year-over year reduction in Mac sales during the first three months of 2019. This wasn’t because customers didn’t want to buy macOS notebooks and desktops however, but because Apple couldn’t get the Intel processors required to produce the computers.
Shipments of Mac laptops and desktops declined last year. Not surprisingly, they were also down last quarter.
Still, it wasn’t just Apple; the entire PC industry contracted slightly in 2018. And it had a very bad Q4.
The third quarter of this year wasn’t a particularly good one for Apple, with Mac sales dropping a significant amount. That doesn’t say positive things about sales of the 2018 MacBook Pro models that debuted this summer.
Still, the company held onto its place as the world’s fourth-largest PC maker.
There’s a lot of good news in Apple’s second earnings report of 2018 that should keep investors happy going into the next quarter.
Revenue during Q2 2018 hit an all-time high for a March quarter at $61.1 billion, thanks in large part to 52.2 million iPhones sold. Apple CEO Tim Cook says iPhone X sales are still killing it, too.
