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Apple Q3 2018 Earnings – Lower Than Expected 41.3 Million iPhone Sales, iPad Sales Up, With $11.5 Billion in Profit

6 years ago

Anonymous $oIHRkISgaL

https://wccftech.com/apple-q3-2018-earnings/

The Apple (NASDAQ:AAPL) Q3 2018 earnings are out, with the tech giant having posted a revenue of $53.3 billion, along with a quarterly profit of $11.5 billion, or $2.34 EPS, where it beat expectations of $2.18 EPS. The California-based giant’s performance for this quarter is much better compared to the same period last year, where Apple posted a revenue of $45.4 billion, quarterly profit of $8.7 billion, or $1.67 EPS.
However, while the results have improved considerably when comparing results with a 12-month gap, it should be noted that Apple (NASDAQ:AAPL) sold fewer iPhone units than the expected figures. Apple (NASDAQ:AAPL) sold a total of 41.3 million iPhone units, but the projected amount was 41.6 million units.

Apple Q3 2018 Earnings – Lower Than Expected 41.3 Million iPhone Sales, iPad Sales Up, With $11.5 Billion in Profit

Jul 31, 2018, 9:39pm UTC

$oIHRkISgaL

https://wccftech.com/apple-q3-2018-earnings/ > The Apple (NASDAQ:AAPL) Q3 2018 earnings are out, with the tech giant having posted a revenue of $53.3 billion, along with a quarterly profit of $11.5 billion, or $2.34 EPS, where it beat expectations of $2.18 EPS. The California-based giant’s performance for this quarter is much better compared to the same period last year, where Apple posted a revenue of $45.4 billion, quarterly profit of $8.7 billion, or $1.67 EPS. > However, while the results have improved considerably when comparing results with a 12-month gap, it should be noted that Apple (NASDAQ:AAPL) sold fewer iPhone units than the expected figures. Apple (NASDAQ:AAPL) sold a total of 41.3 million iPhone units, but the projected amount was 41.6 million units.