The one-two punch from foreign exchange rates and “macroeconomic conditions” rocked Apple’s profits in the just-concluded quarter below last year’s results, but only by a little.
In a world wracked by military conflict and a pandemic that still disrupts global supply chains, Apple managed to set a slew of revenue records for its second fiscal quarter, bringing in almost $100 billion.
The world may be a year into a global pandemic, but Apple is healthier than ever. Its quarterly profits more than doubled year-over-year, and its revenues in all sales categories, led by chart-busting Mac and iPad sales, smashed records. As CEO Tim Cook put it, “Another strong quarter.”
Despite a pandemic and a pending economic catastrophe, Apple still managed to eke out some growth in Q2 2020, largely thanks to its Wearables and Services categories.
Apple's revenues and iPhone sales were down in the second quarter of 2019, but the company still managed to beat expectations and posted $11.56 billion in profits.
Apple marked its sixth consecutive quarter of accelerating revenue growth, saw the iPhone X boost the average selling price of iPhones to new heights, and further expanded its services and wearables businesses.
Apple saw yet another quarter of growth in Q2, but just barely, and most of that came from strong performances from the Mac, Services, and Other Products categories.
For Apple, the sky has fallen… by 12.8 percent, which is how far its revenues declined compared to those of last year.
Surprise! Apple had yet another record quarter for Q2 2015. But while the iPhone and the Mac saw strong growth, iPad sales are slipping, and the number of Apple Watches sold so far remains a mystery.
For its second fiscal quarter of 2014, Apple has once again reported record sales and revenues, beating analyst expectations and thrilling investors with a stock split, bigger dividends, and more stock buybacks.
In a call that alternated between statistics and cheerleading, Apple reported a record-breaking $43.6 billion in second-quarter revenues, albeit with declining profits — a mere $9.5 billion.