Apple has announced record profits for the first fiscal quarter

Apple has announced record profits for the first fiscal quarter


NEW YORK, January 27. /Corr. Kirill Volkov/. Apple’s revenue for the first fiscal quarter (ended on December 26 of last year) totaled $18.4 billion, a record for the American giant. This is stated in financial report of the company. Total turnover Apple during the same period, also set a record – $75,9 billion.

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In addition, the Corporation announced a slight (less than 1%) the growth of sales of smartphones iPhone. For the first quarter of the fiscal year which began was implemented 74,7 million of such devices that did not meet analysts ‘ expectations, prognozirovanii sales level 76.5 million.

Thus, according to the forecasts of Apple, according to the results of the current (second) fiscal quarter the company may expect the largest fall in sales volumes over the last 15 years.

According to the newspaper The Wall Street Journal, this development will be a consequence of last year’s boom in iPhone, after the company unveiled a new line of smartphones with bigger screen. The latest iPhone, due to the absence of notable changes, not provoked the same enthusiasm among consumers, the newspaper notes.

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Apple depends heavily on iPhone sales, which account for around two thirds of total turnover. As rasskazala Wall Street Journal CEO Tim cook, he believes in the rise of demand for tablets iPad, as well as increased revenue from various services, including music Apple Music.

Founded in 1976 with the Apple headquarters in Cupertino (California) produces smartphones iPhone, iPad tablets, iPod music players, laptops and desktop computers iMac, and other high-tech equipment. The Corporation is the largest in the world with a market capitalization of about $540 billion.