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« on: February 03, 2020, 04:05:20 pm »

Apple announces record holiday Q1 2020 earnings: revenue of $91.8 billion, more

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<p>AAPL’s Q1 2020 earnings day is here, covering the lucrative holiday shopping season. For the first fiscal quarter of 2020, Apple had forecast revenue between $85.5 billion and $89.5 billion. That compares to the $84.3 billion it reported in the same quarter one year ago.</p>
<p>So how did Apple perform during Q1 2020? The company has announced revenue of $91.8 billion and profit of $22.2 billion. That’s an all-time record for both net income and revenue, Apple says.</p>
<p>Apple no longer reports iPhone, iPad, and Mac unit sales numbers, though it does report a revenue breakdown by product category. More details below.</p>
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