With the all - important holiday twenty-five percent loom and the launch of theApple TV+ video - pour serviceon dab for Friday , Apple on Wednesday firmly declared that it ’s endure the iPhone downswing just fine .
For its last fiscal poop of 2019 , Apple post revenue of $ 64 billion , an growth of 2 percent from the year - agone quarter and stage the upper end of its direction , and quarterly earnings per diluted share of $ 3.03 , blowing away estimation .
The stern cease September 28 , so it includes a couple of week of iPhone 11 sale . Even so , iPhone sales were down rough $ 3 billion , or virtually 10 percent over the same quarter last year . The same goes Macs sale , which were down about 5 percentage . Apple CEO Tim Cook luff out that the iPhone 11 is off to a “ very good start ” and take down that the revenue loss represented an uptick over the 15 percent loss it saw before in the year . Additionally , Apple tell the iPhone active instal base grew to all - time high in all geographic segments , suggesting people are n’t switching , but rather holding onto their older phone longer .
However , everything else is up . Wayup . iPad sales are booming , posting $ 4.7 billion in sales for an 8 percentage increase , while service ( which does n’t include Apple TV+ yet ) , was up around 20 percent at $ 12.5 billion . But the big winning category was Wearables , Home and Accessories , which includes Apple Watch , AirPods , and HomePod . That family was up more than 50 percent ( $ 6.5 billion ) and is now most as crowing as tablet sales . And that ’s without the young AirPods Pro , which is count to be a big holiday tally establish on early sale and reviews .
The results stage Apple ’s estimable Q4 on record , and next quarter might be even openhanded . Apple ’s Q1 2020 guidance is between $ 85.5 billion and $ 89.5 billion , which would typify an step-up over the $ 84 billion posted in 2019,after cutting its $ 89 billion to $ 93 billion forecastin January .
But those daytime are a distant memory . Apple place young phonograph recording in the Americas and Asia , and made up some ground in China as well , where the U.S. tariff and trade warfare is still bear a meaning essence . tot it all up , and Apple seems balance to get through the holiday quarter — even with flagging iPhone gross sales — just ok .
