Apple earnings day is upon us, and with it we learn how the company performed since last quarter’s rare guidance revision. Apple forecasted revenue between $55 billion and $59 billion, down from $61.1 billion reported during the same quarter a year ago.
So how much money did Apple actually make during the first three months of the calendar year? $58 billion revenue and $11.56 billion profit. Apple no longer reports iPhone, iPad, and Mac unit sales numbers, a shift to reporting announced last year that started last quarter.
Apple forecasts revenue between $52.5 billion and $53.5 billion during Q3 2019. Full report on Apple Q2 2019 earnings below:
more…
