Categories: NewsTech

Apple enjoys highest Q4 revenue ever despite slower iPhone sales

Apple has just announced its financial results for its fiscal 2019 fourth quarter with a record Q4 revenue of USD 64 billion. Despite making less money from the iPhone, it still beats last year’s revenue by 1.7% which was also a Q4 record.

Between 30th June to 28th September 2019, iPhone sales have brought USD 33.3 billion in revenue which is a 9.2% drop from USD 36.755 billion in Q4 FY 2018. Mac sales have slowed down as well by 4.8% with USD 6.99 billion in sales versus USD 7.34 billion in the same quarter in 2018.

Despite having a total revenue dip of USD 3.742 billion from iPhone and the Mac, Apple has gained more from its other categories, particularly services.

Services alone had achieved an all-time high of USD 12.51 billion and it is an 18.0% increase from the same quarter last year. iPad revenue has increased by 16.9% with USD 4.65 billion, while its wearables, home and accessories category has also posted a 54.4% growth with USD 6.5 billion.

In terms of region, Apple has seen growth in Americas and the Rest of Asia Pacific, with Americas being the largest contributor at USD 29.3 billion. However, revenue in Europe, Greater China and Japan have dipped slightly compared to Q4 last year.

Services is seen as a key focus for Apple and the Cupertino company has introduced Apple Arcade and Apple TV+ to expand its offering beyond Music and iCloud. Apple Arcade is now available in Malaysia and it’s going for RM19.90/month for 6 shared users. Meanwhile, Apple TV is a video streaming service and it also costs RM19.90/month.

[ SOURCE, VIA ]

Recent Posts

What is it like washing your clothes in a RM12,999 washing machine? | Samsung Bespoke AI Laundry Combo™

This post is brought to you by Samsung. This is the Samsung Bespoke AI Laundry…

9 minutes ago

Dongfeng Box Malaysia: 94hp compact EV with up to 310km of range, priced from RM101k

Dongfeng Box is now officially available in Malaysia. Launched in partnership with Central Auto Distributors…

3 hours ago

Nissan Kicks e-Power now open for booking in Malaysia, priced below RM130,000

Edaran Tan Chong Motor (ETCM) has announced that the Nissan Kicks e-Power is now open…

7 hours ago

TikTok, Content Forum and UiTM empowers students with Digital Literacy to promote a safer digital space

TikTok in partnership with Communications and Multimedia Content Forum of Malaysia (CMCF) have recently organised…

9 hours ago

Tesla owners in Malaysia can finally use the Autopark feature

Tesla owners in Malaysia have reported that their vehicles can now perform the Autopark feature.…

9 hours ago

Asus ROG Phone 9 series launching in Malaysia on 10th December 2024

After unveiling its latest smartphones, the Asus ROG Phone 9 series, to the world, Asus…

10 hours ago

This website uses cookies.