Phone > Phones

Apple Announces Q2 FY 2018 Results: Another Record Quarter

10 monthes ago   |   By Anand Tech

This afternoon, Apple announced their earnings for the second quarter of their 2018 fiscal year, and the company has set a new revenue record for the quarter with $61.1 billion in revenue. Apple had a gross margin of 38.3% for the quarter, down slightly from the 38.9% margin a year ago. Operating income for the quarter was up 12.7% to $15.9 billion, and net income was up 25% to $13.8 billion. Earnings per share came in at $2.73, up 30% from a year ago.
Apple Q2 2018 Financial Results
Q2'2018
Q1'2018
Q2'2017
Revenue
$61.137
$88.293
$52.896
Gross Margin
$23.422
$33.912
$20.591
Operating...
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Tim Cook: iPhone X is a Super Bowl Winner' Even if You Wanted It to Win 'By a Few More Points'

Tim Cook: iPhone X is a Super Bowl Winner' Even if You Wanted It to Win 'By a Few More Points'

10 monthes ago   |   By Mac Rumors

During today's earnings call covering the second fiscal quarter of 2018, Apple CEO declined to provide specific information on iPhone X sales, but he did suggest that the new device has been selling well, a major contrast to reports that have suggested poor sales and waning orders.
According to Cook, customers chose the iPhone X more than any other iPhone "each and every week" of the March quarter, just as they did following the device's launch in the December quarter.
Furthermore, Cook said that the iPhone X marks the first time its most expensive, flagship device has been its most...
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Transcript: Apple CEO Tim Cook on the company's 2018 Q2 earnings

Transcript: Apple CEO Tim Cook on the company's 2018 Q2 earnings

10 monthes ago   |   By iMore

Apple's second-quarter results for 2018 are in. Here's our transcript of the call.
Apple CEO Tim Cook and CFO Luca Maestri spoke with analysts during the company's Q2 2018 earnings call. Here's our ongoing live transcript of their remarks!
If you want more info on Apple's results, we recommend checking out the awesome charts from Six Colors .
Cook's opening remarks
Tim Cook
We're proud to announce the results of a very successful quarter today, setting new March quarter records for both revenue and earnings. We generated $61.1 billion of revenue. that's up 16% from last year, making it our...
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Tim Cook dunks on iPhone X FUD: Still the best-seller

Tim Cook dunks on iPhone X FUD: Still the best-seller

10 monthes ago   |   By iMore

Prior to Apple's Q2 2018 results, a narrative ran like wildfire through the industry: iPhone X wasn't selling well. It was failing and it would make Apple fail with it. Hard.
It was ill-informed and, frankly, stupid. But publication after publication, person after person, fell for it. Instead:
"Customers chose iPhone X more than any other iPhone each week in the March quarter, just as they did following its launch in the December quarter. We also grew revenue in all of our geographic segments, with over 20% growth in Greater China and Japan."
That according to Apple's CEO, Tim Cook, who...
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Apple's Q2 2018 earnings call: iPhone X was top seller all quarter

Apple's Q2 2018 earnings call: iPhone X was top seller all quarter

10 monthes ago   |   By VentureBeat

Apple released record second-quarter 2018 financial results today and once again hosted a live question-and-answer session for financial analysts to speak with Apple CEO Tim Cook and CFO Luca Maestri. We're covering the session live, with updates below in chronological order as the call proceeds. Cook began by noting the success of the quarte...
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Apple Pay to Launch in Norway, Poland, and Ukraine Soon

Apple Pay to Launch in Norway, Poland, and Ukraine Soon

10 monthes ago   |   By Mac Rumors

Apple is planning to expand Apple Pay to Norway, Poland, and Norway in the near future, Apple CEO Tim Cook said this afternoon during Apple's earnings call covering the second fiscal quarter of 2018.
Cook did not provide specific information on a potential launch date, beyond the announcement that it would be coming "in the next several months."
Cook said that Apple Pay continues to see strong growth, with the service setting a new all-time quarterly revenue record.
Apple Pay activations have doubled year over year, and total Apple Pay transactions have tripled. With launches for...
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Apple's Services Revenue Up 31% Year-Over-Year in 2Q 2018, App Store Sets New Quarterly Revenue Record

Apple's Services Revenue Up 31% Year-Over-Year in 2Q 2018, App Store Sets New Quarterly Revenue Record

10 monthes ago   |   By Mac Rumors

Apple's services category has continued to see rapid growth and it is becoming an increasingly important revenue driver for Apple.
In the second fiscal quarter of 2018, Apple's services brought in $9.19 billion in revenue, up 31 percent compared to the $7 billion in revenue services earned in the second quarter of 2017.
For the last several quarters, Apple's services revenue has grown so quickly that Apple sets a new record with each earnings announcement, and the second quarter of 2018 is no exception. Apple's services category includes iTunes, the App Store, Apple Music, iCloud, Apple...
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Apple Q2 2018 earnings: The iPhone remains as popular as ever

Apple Q2 2018 earnings: The iPhone remains as popular as ever

10 monthes ago   |   By Techno Buffalo


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Apple sells 52.2 million iPhone handsets in fiscal Q2, fails to beat estimates as stock still soars

Apple sells 52.2 million iPhone handsets in fiscal Q2, fails to beat estimates as stock still soars

10 monthes ago   |   By Phone Arena

Apple sold 52.2 million iPhone handsets during the January to March period, which failed to beat Wall Street's estimate of 52.4 million. The figure was still higher than the 50.8 million units that Apple sold during last year's fiscal second quarter. Apple CEO Tim Cook, mindful of the rumors about sluggish sales of the iPhone X, said, customers "chose iPhone X more than any other iPhone each week in the March quarter."
Despite Tim Cook's claim about iPhone X sales, the company reported an Average Selling Price for the iPhone of $728 versus forecasts of $740. That would seem to indicate...
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Apple reports record Q2 2018 revenue of $61.1 billion on sales of 52.2 million iPhones

Apple reports record Q2 2018 revenue of $61.1 billion on sales of 52.2 million iPhones

10 monthes ago   |   By VentureBeat

Apple reported its second quarter 2018 financial results today, posting quarterly revenue of $61.1 billion on sales of 52.2 million iPhones, 9.113 million iPads, 4.078 million Macs, and $9.190 billion in services. The company had offered a revenue guidance range between $60 billion and $62 billion. Despite concerns expressed ahead of the report by...
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Apple Q2 2018: 52.2M iPhones, 9.1M iPads, 4.1M Macs

Apple Q2 2018: 52.2M iPhones, 9.1M iPads, 4.1M Macs

10 monthes ago   |   By iMore

Apple has just announced its financial results for Q2 2018, covering the period between January 1 and March 31, 2018. The company sold 52.2M iPhones, 9.1M iPads, and 4.1M Macs. The company's quarterly revenue was $61.1 billion.
Press release:
Apple Reports Second Quarter Results
Revenue Grows 16 Percent and EPS Grows 30 Percent to New March Quarter Records
New $100 Billion Share Repurchase Authorization Announced, Dividend Raised by 16 Percent
CUPERTINO, Calif.--Apple® today announced financial results for its fiscal 2018 second quarter ended March 31, 2018. The Company posted quarterly...
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Apple Reports Q2 2018 Results: $13.8B Profit on $61.1B Revenue, 52.2M iPhones

Apple Reports Q2 2018 Results: $13.8B Profit on $61.1B Revenue, 52.2M iPhones

10 monthes ago   |   By Mac Rumors

Apple today announced financial results for the second fiscal quarter of 2018, which corresponds to the first calendar quarter of the year.
For the quarter, Apple posted revenue of $61.1 billion and net quarterly profit of $13.8 billion, or $2.73 per diluted share, compared to revenue of $52.9 billion and net quarterly profit of $11.0 billion, or $2.10 per diluted share, in the year-ago quarter. The revenue, profit, and earnings per share numbers were records for any second fiscal quarter in the company's history.
Gross margin for the quarter was 38.3 percent, compared to 38.9 percent in...
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Apple announces Q2 2018 revenue of $61.1b: 52.2m iPhones, 9.1m iPads, 4.07m Macs

Apple announces Q2 2018 revenue of $61.1b: 52.2m iPhones, 9.1m iPads, 4.07m Macs

10 monthes ago   |   By 9to5Mac

Happy Apple Earnings Day! Apple has just announced its Q2 2018 results with $61.1 billion in revenue and $13.8 billion in profit earned from selling 52.2 million iPhones, 9.1 million iPads, and 4.07 million Macs. Apple had offered revenue guidance between $60 billion and $62 billion.
That compares to $52.9b in revenue, $11.03 billion profit, 50.7 million iPhones, 8.92 million iPads, and 4.19 million Macs sold the same quarter a year ago; and $88.3 billion in revenue, $20.1 billion in profit, 77.3 million iPhones, 13.2 million iPads, and 5.1 million Macs sold during the previous...
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Live blog: Apple's fiscal year Q2 2018 earnings call

Live blog: Apple's fiscal year Q2 2018 earnings call

10 monthes ago   |   By 9to5Mac

Just a few minutes ago, Apple announced its second quarter earning results for 2018. The numbers included $61.1 billion in revenue on sales of 52.2 million iPhones, 9.1 million iPads, and 4.07 million Macs. As is tradition, the earnings release is being followed by a conference call with Apple CEO Tim Cook and CFO Luca Maestri.
more...
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New feature will soon allow WhatsApp users to detect spam and fake news

New feature will soon allow WhatsApp users to detect spam and fake news

According to WABetaInfo, Facebook owned WhatsApp is testing a new feature that will allow a user to see how many times a message has been forwarded. The beta update to version... Read more ...

Will a ruling due Tuesday lead to a U.S. sales ban on the Apple iPhone?

Will a ruling due Tuesday lead to a U.S. sales ban on the Apple iPhone?

Since the end of last year, Qualcomm has won patent infringement suits against Apple in China, Germany and in the U.S. On Tuesday, the United States International Trade... Read more ...

‘Bloomberg': Apple To Announce These New Streaming Services Monday, Taking...

‘Bloomberg': Apple To Announce These New Streaming Services Monday, Taking Aim At Netflix And Amazon

Apple will usher in a new era for the company during an event on Monday, marking their largest strategic shift since launching the iPhone in 2007, Bloomberg speculates. When... Read more ...

Your Next iPhone Could Charge Your AirPods, Apple Watch, And More

Your Next iPhone Could Charge Your AirPods, Apple Watch, And More

The next round of new iPhone models could feature reverse wireless charging, which allows you to use your phone to wirelessly charge other devices, Insider reports citing Mac... Read more ...

This Hamilton Beach Coffee Maker on sale for $50 can keep your home stocked

This Hamilton Beach Coffee Maker on sale for $50 can keep your home stocked

Connect with Amazon Dash to let this coffee maker re-order for you. Amazon has the Hamilton Beach FlexBrew Connected Single-Serve Coffee Maker on sale today only for just... Read more ...

How to SIM unlock the Samsung Galaxy Note 9

How to SIM unlock the Samsung Galaxy Note 9

Samsung's Galaxy Note 9 flagship smartphone was launched last year where it offered users a huge screen and also the S Pen stylus for them to use. Its size made it perfect for... Read more ...

The next iPhone is rumored to be able to charge up your other gadgets

The next iPhone is rumored to be able to charge up your other gadgets

Reversible wireless charging - the ability to charge other gadgets as well as be charged wirelessly - is heading to the iPhone 11 , according to supply chain sources. Japanese... Read more ...

Play your jams with Dudios' Zeus Ace Wireless Earbuds on sale under $24

Play your jams with Dudios' Zeus Ace Wireless Earbuds on sale under $24

With the included charging case, these headphones can last for up to 30 hours of listening time. The Dudios Zeus Ace True Wireless Earbuds fall to just $23.79 at Amazon when... Read more ...

Samsung Galaxy S10 5G Release Date Revealed In New ‘Korea Herald' Report

Samsung Galaxy S10 5G Release Date Revealed In New ‘Korea Herald' Report

Together with the rest of the Galaxy S10 line and the much-hyped Galaxy Fold, the Samsung Galaxy S10 5G was announced at the company's Unpacked event in San Francisco on... Read more ...

Self-proclaimed fastest messaging app adds new privacy features

Self-proclaimed fastest messaging app adds new privacy features

Messaging app Telegram features end-to-end encryption for messages, and claims to deliver said messages faster than any other app. It has no limits on the size of media sent... Read more ...