Every September , Apple reveal a unexampled iPhone . And every year , Apple watchers inquire if this will be the new iPhone to which consumers say , “ Nah , we ’re good . ” 2019 was not that year . With a little aid from the iPhone 11 lineup , Apple made a $ 22.2 billion profit on $ 91.8 billion in receipts over the vacation quarter . ( In event you were wonder , that is indeed an utterly mad amount of money . )
Apple ’s other production and services , which include everything from the Apple Watch and AirPods Pro to Apple Music and Apple Pay , also raked in a net ton of money in the vacation one-quarter that ended Dec. 28th . ButiPhonerevenue was up 8 % year - over - twelvemonth , accounting for $ 55.97 billion of that record - breaking $ 91.8 billion in revenue . People are clearly not outwear of Apple ’s signature twist , despite incremental pattern tweaks .
“ We are thrilled to report Apple ’s high quarterly revenue ever , fueled by strong demand for our iPhone 11 and iPhone 11 Pro model , and all - clock time record for service and wearables , ” Apple CEO Tim Cook said in the company’searnings story . “ During the vacation quarter our dynamic installed base of devices raise in each of our geographical segments and has now get hold of over 1.5 billion . ”
Photo: Gizmodo
armed service pull in $ 12.7 billion , and Apple ’s other products category , which include wear , calculate for $ 10 billion . Cook said during the companionship ’s net call that the Apple Watch fix an all - fourth dimension revenue record during the quarter , despite the fact that the company struggled to make enough watches to take on demand .
It is a little bit wild that Apple continues to set profits and receipts records with a flagship smartphone at a time when smartphone sales are ease up , though that trend is expected to reverse with the full launch of 5 G meshing and 5 GiB sound in 2020 . Apple is expected to launch at least one 5 constant of gravitation iPhone this twelvemonth .
But it ’s not all sunshine in Apple - land . The iPad and Mac are n’t selling as well these daylight — iPad tax revenue was down 11 % and Mac revenue down 3.4 % ( though last year attend splashy new products ahead of the holiday quarter ) .
And the companionship is prepping for the effect of thecoronavirus , which is spreading throughout China . Apple has close one retail store in the Wuhan realm , and Cook enounce the ship’s company is monitor development in China and issue on additional stores and ingredient provider locations . The computer virus could impact Apple ’s Q2 receipts , which the company expects to fall down between $ 63 billion and $ 67 billion .
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