Today Apple announced their 2018 quarter four earnings. The Cupertino tech firm pulled in $62.9B in revenue. Included in these numbers are freshly announced iPhone XS, XS Max, as well as the Series 4 Apple Watch. Unfortunately the XR was released too late and was not figured into these numbers.
Of the almost $63 billion in revenue, the company reports $14.12b profit from 46.89m iPhones, 9.69m iPads, and 5.3m Macs sold. In quarter 3, Apple reveled the company generated $53.3 billion in revenue and $11.5 billion in profit fro 41.3 million iPhones, 11.55 million iPads, and 3.7 million Macs. And as usual, Apple does’t reveal sales numbers on the Apple Watch.
To put it all in perspective, at this time last year Apple revealed earnings of $52.6 billion in revenue, $10.7 billion in profit, while selling 46.7 millions iPhones, 10.3 million iPads, and 5.4 million Macs. Next quarter Apple forecasts revenue between $89 billion and $93 billion.
Tim Cook was especially happy with the company’s record breaking quarter stating:
We’re thrilled to report another record-breaking quarter that caps a tremendous fiscal 2018, the year in which we shipped our 2 billionth iOS device, celebrated the 10th anniversary of the App Store and achieved the strongest revenue and earnings in Apple’s history,” said Tim Cook, Apple’s CEO. “Over the past two months, we’ve delivered huge advancements for our customers through new versions of iPhone, Apple Watch, iPad and Mac as well as our four operating systems, and we enter the holiday season with our strongest lineup of products and services ever.