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Apple Quarter 1 Revenue Down 5pct to $84.3 Billion

     
10:40 pm on Jan 29, 2019 (gmt 0)

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Apple's revenue was down 5%, year, on year, to $84.3bn.

"While it was disappointing to miss our revenue guidance, we manage Apple for the long term, and this quarter's results demonstrate that the underlying strength of our business runs deep and wide," said Tim Cook, Apple's chief executive.


[bbc.co.uk...]
12:03 pm on Jan 30, 2019 (gmt 0)

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Here's Apple's own post on the results
[apple.com...]

iPhone revenue declined 15 percent from the prior year, but services grew 19%, up to $10.9 billion.

Clearly, still a very wealthy company, with services taking over from a saturated hardware market, with declines in some regions making the hardware take a bigger hit.

The company, is still doing well, despite the immediate headlines.

Keep creating for the Apple sector is my view.
 

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