Apple Q3 2018 Earnings Announced

0

appleearningsq32018-800x599

As we have already reported, the 2018 Q3 was another record-breaking year for Apple. The turnover rose to $53.3 billion, an absolute record for the third quarter.. But the numbers of the success of this quarter go well beyond the numbers of simple sales.

These are the most important figures:

Quarterly turnover: $53.3 billion (2017: $45.4 billion)
Quarterly profit: $11.5 billion (FQ3 2017: $9 billion)
Number of iPhones sold: 41.3 million (FQ3 2017: 41.0 million)
Number of iPads sold: 11.6 million (FQ3 2017: 11.4 million)
Number of Macs sold: 3.7 million (FQ3 2017: 4.3 million)

Below are the most important passages extracted from Tim Cook and Luca Maestri statement, CFO of the company, during the conference call dedicated to the results of Apple’s Q3 2018.

“Our strong business performance drove revenue growth in each of our geographic segments, net income of $11.5 billion, and operating cash flow of $14.5 billion,” said Luca Maestri, Apple’s CFO. “We returned almost $25 billion to investors through our capital return program during the quarter, including $20 billion in share repurchases.”

“We’re thrilled to report Apple’s best June quarter ever, and our fourth consecutive quarter of double-digit revenue growth,” said Tim Cook, Apple’s CEO. “Our Q3 results were driven by continued strong sales of iPhone, Services and Wearables, and we are very excited about the products and services in our pipeline.”

After the presentation of the quarterly figures, there are still many interesting facts to discover. Tim Cook and CFO Luca Maestri answer questions from analysts and from their answers are often still some facts to pick. If you did not have the time to listen to the 1 hour discussion, then the conference and the questions of various analysts and journalists can be found here.

Follow us on Twitter, subscribe to our Facebook Page, find us on LinkedIn, circle us on Google+