Skip to main content

Apple happy with strong sales of iPhone 11

Apple's outstanding performance in its latest earnings report has "buoyed investors and company management."

Apple's financial results show that although sales in Japan have indeed declined, sales in all regions of the world, including China, have experienced growth.

But Apple's strong performance comes amid concerns that China's deadly coronavirus outbreak could affect iPhone production, including reports that Apple hopes to boost sales in emerging markets with this new budget-conscious smartphone.

Apple certainly benefited from sales during the Christmas holiday, but it seems consumers have responded well to the iPhone 11 series, despite the disappointment of not having any 5G features when it launched in September.

Judging from Apple's financial situation, as of the first quarter on December 28, Apple reported a net profit of $ 22.2 billion, higher than $ 19.9 billion in the same period last year.

In terms of revenue, there was also good news. Sales increased from US $ 84.3 billion in the same period last year to US $ 91.8 billion.

Of the figures for the first quarter, $ 79.1 billion came from product sales ($ 12.7 billion from services).

Apple Chief Executive Tim Cook said: "Due to strong demand for our iPhone 11 and iPhone 11 Pro models and a history of services and wearables, we are pleased to report Apple's highest quarter ever. income,"

"During the holiday quarter, our active equipment installation base has grown in every geographic region and now exceeds 1.5 billion," Cook said. "We think this is a strong proof of customer satisfaction, engagement and loyalty, and an important driver of our overall development."

Reuters quoted Cook as saying in the deadly coronavirus outbreak in China, "as of last week, our travel was limited to critical business. This is happening and we are still collecting a large number of data points and monitoring it very closely."

Apple apparently has suppliers in Wuhan, the center of the outbreak area, and supplier production facilities in nearby provinces.

Apple has apparently closed one store in China and has reduced working hours in other stores due to its slow footsteps.

Cook was also quoted as saying that third-party stores selling Apple products are also facing closures.

Reuters quoted Cook as saying that the new Apple TV + subscription streaming video service had achieved "great success."

At the same time, Apple appears to have achieved $ 55.96 billion in iPhone sales, exceeding analyst estimates of $ 51.6 billion.

This pleases the market, as Apple retains a year of declining sales for its main money makers.

Cook reportedly said that the iPhone 11 and iPhone 11 Pro models have driven this growth and have also become a predictor for the company, saying that these devices "are our most powerful iPhone series ever."

According to reports, Apple's wearables unit and AirPods also include the Apple Watch, which has revenue of $ 10 billion, compared with an estimated $ 9.5 billion.

Comments

Post a Comment

Popular posts from this blog

Is foldable smartphones going to be the future

Samsung is making a giant phone that folds in half and sells for $1,770. The Galaxy F is said to be released in March next year, and the company plans to sell one million of them in 2019. The phone is basically a tablet that can be folded into a mobile phone, which is said to be able to open, as "snap" as the previous flip phone. but why? Cable TV's Brian Barrett traces the history of collapsible smartphone technology in a weekend report, saying: "These scenes are tempting: you can keep your smartphone in single-screen mode on the way to the subway. Check in on Twitter and then expand it. Once you get on the train and read the New York Times, you can see the size of the tablet. This attraction is very obvious and people wonder why it took so long." Is that kind of scene really tempting? Is the attraction obvious enough? Maybe I missed something here, but it seems that at best it is just a possible thing, I won't scream. If I see a mobile phone folded in...
Post a Comment
Read more

A few tips to choose the best mobile phone

If you were looking for the best mobile phone in the market, one of the first criteria you should consider is that the device should support 4G connectivity. There are dozens of other features and factors, but this single feature can benefit you in so many different ways. This guide becomes the main reasons for choosing a 4G device and the key features to watch when the perfect device is chosen for yourself or to be donated to someone. Why to choose a 4G device There are many advantages of using a device that supports the 4G network. This includes: • Access to highspeed data - Whether for official or personal purpose, you can access highspeed data on your smartphone. You can play games, stream videos, play online music and do much more in a moment. Office work and other professional tasks are also a breeze. • Estimated voice calls - Another advantage of choosing a 4g phone is that you can make voice-free calls. The previous devices supporting 2G and 3G may not match the voice qua...
Post a Comment
Read more

Are mobile phone accessories are an indispensable items

Today, mobile phones are widely used for the necessary purposes. From big companies to small suppliers, maybe everyone has a mobile phone today. Different companies offer a variety of mobile phones with a variety of facilities. However, in order to access these different facilities available in these phones, different types of available mobile accessories must be purchased. This is a different mobile brand that offers customers a variety of accessories. If you want to buy a mobile phone accessory, you will have many different options to choose from. From rechargeable batteries to these phone cases to Bluetooth headsets, you can choose from a wider range of options. No matter what accessories you buy, it will definitely provide effective and practical purposes to a large extent. There are expensive and cheap mobile phone accessories on the market. Cheap includes data cables, headphones and adapters. These will help you make your phone a feature. With these accessories, you can confi...
Post a Comment
Read more