Apple revenue 64 billion dollars – EPS 3,03 dollars Q4 2019 (updated)

The US tech company Apple (AAPL) published its fourth quarter earnings release today. According to the info, the company revenue increased 2 % to 64 billion dollars and earnings per share to 3,03 dollars (+4 %) compared a year ago.

-We concluded a groundbreaking fiscal 2019 with our highest Q4 revenue ever, fueled by accelerating growth from Services, Wearables and iPad,” said Tim Cook, Apple’s CEO.
-With customers and reviewers raving about the new generation of iPhones, today’s debut of new, noise-cancelling AirPods Pro, the hotly-anticipated arrival of Apple TV+ just two days away, and our best lineup of products and services ever, we’re very optimistic about what the holiday quarter has in store, he continued.
The service segment showed all time high revenue of 12,5 billion dollars and the international sales were about 60 % of groups total sales.
Apple said its iPhones sales were 33,3 billion dollars during the fourth quarter compared to 36,7 billion dollars in the previous year. 12 months iPhone sales were 142 billion dollars.
The sales of iPads were 4656 million dollars and annually 21,2 billion dollars. The sales of wearables like Apple Watch, were 6520 million dollars and annually 24,5 billion dollars. Services sector also increased to 12,5 billion dollars in the fourth quarter and the 12 month sales were 46,2 billion dollars.
Apple spent 4100 million dollars in R &D during the quarter and totally 16,2 billion dollars in a year.
The operating income for the quarter was 15,6 billion dollars and for the whole year 63,9 billion dollars. Net income was 13,6 billion dollars.
Apple is estimating that during the first quarter of fiscal 2020, the revenue could be between 85,5 – 89,5 billion dollars and gross margin between 37,5 – 38,5 %.
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Apple to integrate a new phone and content – Apple TV+

The US ecosystem provider Apple (APPL) has today announced the new iPhone 11 and news related to Apple TV service. The company is integrating the iPhone and tv content so that all new iPhone buyers get one year free tv stream from Apple.

– Customers who purchase any new iPhone, iPad, Apple TV, Mac or iPod touch starting September 10 can enjoy one year of Apple TV+ for free. Beginning November 1, customers can initiate the one-year free offer in the Apple TV app on the device running the latest software, the company said in the press release.Apple-tv-plus-launches-november-1-the-morning-show-screens-091019According to the iPhone launch the new iPhone 11 will cost 699 dollars and the Pro-model starting 999 dollars and iPhone 11 Pro Max 1099 dollars. The new models should be available from September 20th.

The Apple TV service will cost 4,99 dollars per month.

In Wall Street, the Apple news were taken positively and the company shares were trading up 0,11 %, while for example the other streaming service providers were down: Disney (DIS) shares were trading down  -2,71 % as well as Netflix (NFLX)  -3,52 %.

The general Dow Jones index was trading slightly down -0,14% and technology Nasdaq-index  -0,50%.

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