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Author Topic: Apple Q2 2019 results: iPhone sales fell, but just about everything else is thriving  (Read 281 times)
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« on: May 03, 2019, 04:05:14 pm »

Apple Q2 2019 results: iPhone sales fell, but just about everything else is thriving

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<p>iPhone sales might be leveling off, but Apple is doing just fine. Apple on Tuesday announced its <a href="https://www.businesswire.com/news/home/20190430006149/en/Apple-Reports-Quarter-Results" rel="nofollow">second quarter results[/url] for 2019, and it’s clear that the shift in it business model is in full swing. While Apple still posted revenue of $58 billion, iPhone sales were relatively flat, posting just $31 billion compared to $37.5 billion in the same 2018 quarter. Apple stopped breaking out unit sales last quarter, but it sold 52 million units in the year-ago quarter.</p><p>Elsewhere, Apple is looking stronger than ever, particularly when it comes to Services. Apple reported a record $11.5 billion tally for the category (which includes Apple Music, digital sales, and Apple Pay) versus $9.2 billion last year. It was the first time Services broke the $11 billion mark. Paid subscriptions were a major part of that, nearly topping 400 million for an increase of 30 million over last quarter.</p><p class="jumpTag"><a href="/article/3391393/apple-q2-2019-results-iphone-ipad-services-wearables.html#jump">To read this article in full, please click here[/url]</p></section></article>

Source: Apple Q2 2019 results: iPhone sales fell, but just about everything else is thriving
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