Apple’s $58 Billion Quarter: iPhone Down, Mac Down, iPad down; Apple Watch Up, Services Up

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Apple reported quarterly revenue of $58.3 billion today, up 1%, and income after expenses and taxes of $11.2 billion. But the real story is where that income is coming from. And, where it’s dropping off.

  • iPhone: down $2.1 billion to $28.9 billion
  • Mac: down $162 million to $5.4 billion
  • iPad: down $504 million to $4.4 billion
  • Wearables, Home, and Accessories: up $1.2 billion to $6.3 billion
  • Services: up $1.9 billion to $13.3 billion

The times, they are definitely a-changing.

Get the full story in my article at Forbes …

 


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