Apple has announced its financial results for its fiscal Q3 of 2019, the company reported its highest ever June quarter with revenue of $53.8 billion.
Apple has a net profit of $10.0 billion for the quarter of $2.18 per diluted share, this compares to the same period last year where Apple had revenue of $53.3 billion and a net profit of $11.5 billion.
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 trends,” said Tim Cook, Apple’s CEO. “These results are promising across all our geographic segments, and we’re confident about what’s ahead. The balance of calendar 2019 will be an exciting period, with major launches on all of our platforms, new services and several new products.”
Apple has also issued guidance for quarter four, it is expecting revenue of between $61 to $64 billion for the quarter.
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