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Revenue exceeds expectations, Apple announced its fourth quarter earnings report for 2019

On October 30, Apple released its fourth quarter earnings report for the 2019 fiscal year ending September 28, 2019. This quarter’s revenue reached $64 billion, a 2% increase over the same period last year. Diluted earnings per share reached $3.03 this quarter. , up 4% over the same period last year. International sales accounted for 60% of revenue for the quarter.

Apple CEO Tim Cook said: “With the rapid growth of services, wearables and iPads, we achieved a groundbreaking fourth-quarter maximum revenue in FY 2019,” “With customers and The outside world’s love for a new generation of iPhones, the debut of the new noise-cancelling headset AirPods Pro, the upcoming debut of Apple TV+, and our best-in-class product and service lineup, we’re on the upcoming holiday season. very optimistic. ” Apple CFO Luca Maestri added:” our strong business performance push fourth-quarter earnings per share of $ 3.03 in the fourth quarter cash flow from operations reached a record 19.9 billion uS dollars, “” this quarter we are. It also returned more than $21 billion to shareholders, including the repurchase of $17 billion in Apple stock and a total of $3.5 billion in dividends and equivalents.” Although Apple no longer announces the specific sales of hardware products, it still provides in the earnings report. Revenues from different hardware categories in the fourth quarter: * $33.36 billion: iPhone * $12.5 billion: Services * $6.99 billion: Mac * $6.52 billion: Wearables, Home and Accessories * $4.66 billion: iPad Apple’s first quarter results for FY 2020 are as follows: * Revenues between $85.5 billion and $89.5 billion between

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