Phone > Phones

Apple Announces Q2 FY 2018 Results: Another Record Quarter

7 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'

7 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

7 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

7 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

7 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

7 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

7 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

7 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

7 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

7 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

7 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

7 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

7 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

7 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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Apple Seeds First Beta of iOS 12.1.2 to Developers With 'Bug Fixes and...

Apple Seeds First Beta of iOS 12.1.2 to Developers With 'Bug Fixes and Improvements'

Apple today seeded the first beta of an upcoming iOS 12.1.2 update to developers, five days after releasing iOS 12.1.1 , an update that introduced a revamped FaceTime layout... Read more ...

Here's how much the OnePlus 6T McLaren Edition will cost in Europe

Here's how much the OnePlus 6T McLaren Edition will cost in Europe

Leaked OnePlus 6T marketing images With less than 24 hours to go until the OnePlus 6T McLaren Edition is announced - and three days after marketing images leaked out - the... Read more ...

Google Maps adds "For You" tab to iOS version of the app; feature provides...

Google Maps adds "For You" tab to iOS version of the app; feature provides custom recommendations

Earlier this year, Google added a new feature to the Android version of Google Maps called For You. This service provides Google Maps users with custom recommendations on where... Read more ...

Honor View 20 also unveiled with a punch-hole display

Honor View 20 also unveiled with a punch-hole display

Not to be out-done by the launch of the Samsung Galaxy A8s , Huawei has unveiled the Honor View 20 which also sports a punch-hole display cutout for the phone's front-facing... Read more ...

Galaxy A8s is the first phone with Infinity-O design, hole-in-display tech...

Galaxy A8s is the first phone with Infinity-O design, hole-in-display tech houses 24MP selfie camera

And so it begins. The hole-in-display era, that is. Samsung introduced the Infinity-O display as a twinkle in its designer team's eyes not long ago, but, lo and behold, we... Read more ...

Samsung 'Rize' trademarks suggest new smartphone series is on the way

Samsung 'Rize' trademarks suggest new smartphone series is on the way

The Samsung Galaxy A9 (2018) At the moment, Galaxy Note, Galaxy S, Galaxy A, and Galaxy J are Samsung's main smartphone series. But if new trademark applications are anything... Read more ...

Save $300 on the Apple iPad Pro 12.9 , deal ends today!

Save $300 on the Apple iPad Pro 12.9 , deal ends today!

ProductItem ConditionLocationPriceSale ends in:Apple 12.9" iPad Pro NewB&H Photo Video$1,099 -> $79915 hours Buy Here If you're looking to buy a Wi-Fi-only Apple tablet for... Read more ...

Google's Jacquard smart jacket can now remind you not to leave your phone behind

Google's Jacquard smart jacket can now remind you not to leave your phone behind

It has been a long time since our very own Stephen Hall went hands-on with Google's Project Jacquard smart denim jacket. Now, it has added the ability to alert you if you get... Read more ...

Samsung Galaxy S10 Plus prototype shows off a corner notch

Samsung Galaxy S10 Plus prototype shows off a corner notch

A prototype of the Samsung Galaxy S10 Plus has just leaked showing off what looks to be a corner notch that sports a dual camera on the front of the device. Posted by... Read more ...

IPhone XR deals of the week: 30GB of data for £38 per month

IPhone XR deals of the week: 30GB of data for £38 per month

The iPhone XR has been incredibly popular since its release and we can see why. It is one of Apple's best devices by far and although it is much more affordable than some of... Read more ...