IPhone, iPad, Mac sales back on the rise

IPhone, iPad, Mac sales back on the rise

IPhone, iPad, Mac sales back on the rise

"With fantastic new products including iPhone 8 and iPhone 8 Plus, Apple Watch Series 3, and Apple TV 4K joining our product lineup, we're looking forward to a great holiday season", said Tim Cook, Apple's CEO. The device category rose about 2% during Q4 as compared to previous year, which seems like a modest amount considering no one expected the iPhone 8 and iPhone 8 Plus to do as well as they did.

(AAPL) on Thursday reported fiscal fourth-quarter net income of $10.71 billion. But it forecast profit next quarter, which is traditionally its largest for sales due to the holidays, for somewhere between $84 billion and $87 billion. The tech giant brought in a whopping $52.6 billion, exceeding the $50.7 billion that was expected in Q4.

In Singapore, there are "hundreds" waiting for the iPhone X outside Apple's freshly-opened store.

Apple reports quarterly earnings after the bell, when Wall Street will scour the company's finances for signs that consumers are shelling out for new iPhones. Sequentially iPhone unit sales are up 14%, as is to be expected. That division includes content, AppleCare, and Apple Pay, but the App Store is the "jewel" of the services segment, Pacific Crest analyst Andy Hargreaves wrote earlier this year.

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With the exception of pre-orders, most major telcos will not be selling the iPhone X in outer suburban or regional outlets.

With its rear camera specs, iPhone X has managed to strike a phenomenal balance between picture quality and form factor design, in our opinion, given how far we've come today technologically. While that only represents a 2% increase year-over-year, Apple's other products more than picked up the slack.

Apple fiscal 4th quarter sales results are in with a return to growth in the smartphone, tablet, and notebook markets. Shares, which closed at $168.11 per share, were up almost 3 percent after the report.

The company sold 46.7m iPhones, beating analysts' estimates of 46.4m, according to FactSet, and generating $28.9bn in revenue, which accounted for more than half of the company's total revenue.

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