Apple Reports $53.8 Billion Q3 2019 Revenue from Services, iPhone Sales Are Down

Apple just announced today the financial results for Q3 2019, which ended on June 29, 2019, reporting the quarterly revenue from iPhone, iPad, iPod, Mac, Apple TV, services, and wearables sales.

The tech giant reports a quarterly revenue of $53.8 billion for its fiscal 2019 third quarter, representing an increase of just 1 percent from the year-ago quarter, as well as quarterly earnings per diluted share of $2.18, which are down 7 percent compared to the prior year.

Apple also says that 59 percent of the revenue from Q3 2019 are accounted from International sales, which were driven by all-time record sales from Services, followed by sales from Wearables, iPad, Mac, and iPhone.

“This was our biggest June quarter ever — driven by all-time record revenue from Services, accelerating growth from Wearables, strong performance from iPad and Mac and significant improvement in iPhone … (read more)

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