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Apple reports Q4 revenue of $64B, up 2% YoY, of which $51.5B came from products and $12.5B from services; Q1 2020 revenue expected to be $85.5B-$89.5B

Services Revenue Reaches All-Time High of $12.5 Billion  —  EPS Sets New Fourth Quarter Record of $3.03

Apple

Discussion

  • @macrumors @macrumors on x
    $AAPL's guidance for this coming holiday quarter is $85.5 billion to $89.5 billion. Apple's current record is $88.3 billion in 2018: - 2015: $74.6 billion - 2016: $75.9 billion - 2017: $78.4 billion - 2018: $88.3 billion - 2019: $84.3 billion
  • @neilcybart Neil Cybart on x
    Apple repurchased nearly $18 billion of shares in 4Q19. That's a big number. Brings the total amount spent on buyback in FY2019 to $67 billion.
  • @benbajarin Ben Bajarin on x
    Apple's quarterly revenues pretty inline with most consensus from analysts. Guide is similarly in line with consensus and Apple must be slightly worried about China still given the low-end of guidance number.
  • @cnbcnow @cnbcnow on x
    Apple now has $205.9 billion in cash on hand, down 2.2% from previous quarter http://cnbc.com/... https://twitter.com/...
  • @cnet @cnet on x
    Apple Watch, AirPods and services were the big winners while iPhone sales dipped. https://www.cnet.com/...
  • @stephennellis Stephen Nellis on x
    Cook also tells us that subscribers to both Apple and third-party services have hit 450 million this quarter. https://twitter.com/...
  • @stephennellis Stephen Nellis on x
    Apple CEO @tim_cook says iPhone 11 family sales are off to “a very, very good start” as wearables revenue rose more than 50% and services revenue was up 18%, both beating estimates. https://twitter.com/...
  • @stephennellis Stephen Nellis on x
    Apple also held Greater China sales decline to only 2.4% drop, which Cook said was a mix of strong wearables sales, good services revenue based on App Store rebound due to gaming approvals, and promising iPhone sales toward end of quarter when iPhone 11 models were released. http…
  • @neilcybart Neil Cybart on x
    iPhone revenue: $33.4B (my estimate: $34.3B) Services revenue: $12.5B (my estimate: $12.2B) Mac revenue: $7.0B (my estimate: $7.7B) Wearables / Home revenue: $6.5B (my estimate: $5.9B) iPad revenue: $4.7B (my estimate: $4.4B)
  • @mrinaldesai Mrinal Desai on x
    “... we're VERY (my emphasis) optimistic about what the holiday quarter has in store.” https://twitter.com/...
  • @stevesi Steven Sinofsky on x
    Apple continues down the path of slow decline due to lack of innov...
  • @pranavdixit @pranavdixit on x
    bring them to india, coward https://twitter.com/...
  • @leimer Bradley Leimer on x
    Apple Pay transaction volume growing 4x as fast as PayPal http://bit.ly/34jdxIm Apple Pay revenue and transactions more than doubled year-over-year; 3 billion transactions quarter; Apple Pay is now live in 49 markets around the world, with over 6,000 issuers on the platform. pic.…
  • @mgsiegler M.G. Siegler on x
    Slowly but surely backing into those “Apple Prime” offerings... https://twitter.com/...
  • @nithin Runner on x
    Should have launched with it if you ask me. @Barclaycard has been doing this for years. https://twitter.com/...
  • @iankar_ Ian Kar on x
    This is dope: makes sense to extend this to other Apple products down the line too (MacBooks, iPads, etc) https://twitter.com/...
  • @jonyiveparody @jonyiveparody on x
    One More Thing... https://twitter.com/...
  • @kifleswing Kif on x
    Watch out Home Depot, Walmart, Ashley Furniture, and all other stores with a branded credit card and a 24 month “special financing” deal https://twitter.com/...
  • @neilcybart Neil Cybart on x
    Apple crossed $100B of U.S. revenue in a single year for the first time in FY2019.
  • @neilcybart Neil Cybart on x
    Apple CFO Luca Maestri on iPhone: Active installed base of iPhone grew to all-time highs in each geographical segment. A big hole in the “iPhone users are switching to Huawei in China” narrative.
  • @neilcybart Neil Cybart on x
    iPad revenue was up 17%. Based on my model, Apple has reported four consecutive quarters of iPad unit sales growth. iPad is back, that's for sure.