Phone > Phones

Apple Announces Q2 FY 2018 Results: Another Record Quarter

19 days 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'

19 days 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

19 days 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

19 days 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

19 days 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

19 days 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

19 days 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

19 days 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

19 days 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

19 days 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

19 days 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

19 days 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

19 days 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

19 days 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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Samsung Galaxy S8 Lite to be unveiled on May 21 as Galaxy S Light Luxury

Samsung Galaxy S8 Lite to be unveiled on May 21 as Galaxy S Light Luxury

The Galaxy S8 Lite won't be just a rumor by the end of the day, as Samsung plans to unveil the mid-range smartphone later today. The South Korean company has already sent... Read more ...

Official Press Renders For The New Samsung Galaxy J4 Leaked

Official Press Renders For The New Samsung Galaxy J4 Leaked

We have heard lots of rumors abo0ut the new Samsung Galaxy J4 over the last few weeks and now some official press renders for the handset have been leaked. The renders show a... Read more ...

Moto G6 and G6 Play launch scheduled for 4th June

Moto G6 and G6 Play launch scheduled for 4th June

After more than a month of wait, Motorola has finally unveiled the launch date of the Moto G6 and the Moto G6 Play in India. The company took its Twitter to announce the launch... Read more ...

New LG Q7 Smartphones Announced

New LG Q7 Smartphones Announced

Following on from the launch of the LG G7 THINQ, LG has announced some more new devices, the LG Q7. There will be three different handsets in the range, the Q7, Q7+ and Q7α... Read more ...

New OnePlus 6 Now Available In India

New OnePlus 6 Now Available In India

The new OnePlus 6 smartphone is now available to buy in India. The handset is available direct with OnePlus and Amazon from today and it will launch with other retailers in the... Read more ...

Google Duo Introduces New Screen Sharing Feature

Google Duo Introduces New Screen Sharing Feature

Image credit - Android Police Screen sharing is a useful feature to have if you're trying to show someone something, or if you're trying to help with something, like in... Read more ...

TeenSafe phone-monitoring app leaks thousands of Apple ID account logins

TeenSafe phone-monitoring app leaks thousands of Apple ID account logins

A popular app that helps parents keep tabs on their kids' phone activity has at least one leaky server, according to ZDNet , with tens of thousands of user account details... Read more ...

Galaxy S10: Samsung Could Close The Gap With Apple's iPhone X In 2019's...

Galaxy S10: Samsung Could Close The Gap With Apple's iPhone X In 2019's Flagship Device

The Samsung Galaxy S10 is still roughly a year away, but the upcoming flagship device is already capturing the attention of the smartphone industry. Over the past few weeks... Read more ...

Plaintext Apple ID passwords included in teen phone monitoring app's data breach

Plaintext Apple ID passwords included in teen phone monitoring app's data breach

According to a new report from ZDNet , a popular app used by parents to monitor their teens has suffered a data breach. The app, TeenSafe , touts that it's a “secure” monitor... Read more ...

TeenSafe phone monitoring app leaked thousands of passwords

TeenSafe phone monitoring app leaked thousands of passwords

Data server leaked Apple IDs and passwords in plain text - and required two-factor authentication be disabled. ZDNet reports that TeenSafe , an app that helps parents monitor... Read more ...