About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Wednesday, January 29, 2020

Apple Flags Strong Growth Ahead

Apple forecast it will generate revenue of between 63 billion and 67 billion US dollars for the quarter ending March 30th, compared with 58 billion dollars in the same quarter of last year. That would represent year-on-year growth of between 9% and 16%.

For the quarter ending December 28, 2019, Apple posted quarterly revenue of 91.8 billion US dollars, an increase of 9% from the year-ago quarter. International sales accounted for 61% of the quarter’s revenue. Revenue from iPhones rose 8%, while revenue from wearables, home and accessories climbed 37%.

Tim Cook, Apple’s CEO, said: “During the holiday quarter our active installed base of devices grew in each of our geographic segments and has now reached over 1.5 billion." Source: Apple statement


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