The ups and downs of Apple’s revenue, earnings, iPhone sales, services and revenue from greater China.
Apple delivered strong quarterly results and disappointing guidance. The stock, which closed at $222.22, up $3.36 for the day, immediately dropped $11.
From the press release:
“We’re thrilled to report another record-breaking quarter that caps a tremendous fiscal 2018, the year in which we shipped our 2 billionth iOS device, celebrated the 10th anniversary of the App Store and achieved the strongest revenue and earnings in Apple’s history,” said Tim Cook, Apple’s CEO.
“We concluded a record year with our best September quarter ever, growing double digits in every geographic segment. We set September quarter revenue records for iPhone and Wearables and all-time quarterly records for Services and Mac,” said Luca Maestri, Apple’s CFO. “We generated $19.5 billion in operating cash flow and returned over $23 billion to shareholders in dividends and share repurchases in the September quarter, bringing total capital returned in fiscal 2018 to almost $90 billion.”
Year-over-year percentage increases:
- Revenues up 20%
- iPhone units flat
- iPhone ASPs up 29%
- EPS up 41%
- Services up 17%
- China revenue up 16%
Below: The five charts. Click the second column to see year-over-year growth. (Not seeing the charts? Try the website.)