Apple: beats consensus in third quarter
(CercleFinance.com) - On Tuesday evening Apple unveiled Q3 2018-19 EPS that is down 7% at 2.
18 dollars, although this exceeded the consensus by eight cents, for revenue that inched up 1% to 53.8 billion dollars, which also outpaced expectations.
"This was our biggest June quarter ever — driven by all-time record revenue from Services, accelerating growth from Wearables, strong performance from iPad and Mac and significant improvement in iPhone trends," said Tim Cook, Apple's CEO.
Regarding Q4 2018-19, the tech giant that is based in Cupertino (California) anticipates a gross margin of 37.5% to 38.5%, for revnues of between 61 billion and 64 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
18 dollars, although this exceeded the consensus by eight cents, for revenue that inched up 1% to 53.8 billion dollars, which also outpaced expectations.
"This was our biggest June quarter ever — driven by all-time record revenue from Services, accelerating growth from Wearables, strong performance from iPad and Mac and significant improvement in iPhone trends," said Tim Cook, Apple's CEO.
Regarding Q4 2018-19, the tech giant that is based in Cupertino (California) anticipates a gross margin of 37.5% to 38.5%, for revnues of between 61 billion and 64 billion dollars.
Copyright (c) 2019 CercleFinance.com. All rights reserved.