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Apple announces Q1 2019 revenue of $84.3b following revision down from $89-93b

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<p>Apple’s earnings day has arrived, and despite massive revenue and profit in the billions, it’s a bit of a different quarter for Apple for a few reasons. For starters, today’s earnings results mark the first time Apple is choosing not to break down revenue by iPhone, iPad, and Mac categories. And Apple already issued a rare guidance revision (https://9to5mac.com/2019/01/02/apple-revises-q1-2019-earnings/), lowering revenue guidance from between $89 billion and $93 billion to $84 billion.</p>
<p>With final results out, Apple has reported $84.3 billion in revenue and $19.97 billion in profit during the holiday quarter. During the same quarter a year ago (https://9to5mac.com/2018/02/01/apple-earnings-fy18-q1/), Apple reported $88.3 billion in revenue and $20.1 billion in profit. The two-year compare (https://9to5mac.com/2017/01/31/apple-earnings-fy17-q1/) gives more perspective, when Apple reported $78.4 billion in revenue and $17.89 billion in profit.</p>
<p>Apple forecasts revenue between $55 billion and $59 billion over the next quarter — one in which it will be up against a $61.1 billion revenue compare year over year (https://9to5mac.com/2018/05/01/apple-earnings-fy18-q2/) and $52.9 billion two years ago. Read on for the full report:</p>
<p> <a href="https://9to5mac.com/2019/01/29/aapl-q1-2019-earnings/#more-576625" class="more-link">more…[/url]</p>
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