So are the results of the Q3 for Apple. Services reach an all-time high

Apple reports the results of the third quarter of its fiscal year and this time the numbers are quite interesting for the Cupertino firm. The company's sales set a new record for the June quarter and part of these revenues are due to the sector of services that reach a new all-time high.

The way is being marked by the company itself with an increasingly direct approach to the services sector and proof of this is that after announcing the financial results of the third quarter of its fiscal year, Apple registers a considerable increase in the income by the services and a profit of $ 53.800 billion, growing 1 percent over the same period of the previous year.

59% of quarterly sales have been made by Apple outside the US

Of all these sales, it should be noted that the company made more than 50% of them outside the United States, specificallythe company itself announces 59% of this quarter's salesso it seems they are on the right track when it comes to sales beyond their home country. We must also highlight that Apple speaks of a quarterly net profit of $ 2,18 per share, which represents a decrease of 7 percent.

The figures are clear in this regard and we can see the very guidance that Apple offers us in terms of revenue, gross margin, expenses and other income. All in a rather simplified summary so that we realize the amount of money they move in Apple and above all how this quarter was:

  • Income between $ 61.000 and 64.000 billion
  • Gross margin between 37,5 percent and 38,5 percent
  • Operating expenses between $ 8.700 billion and $ 8.800 billion
  • Other income / (expense) of $ 200 million
  • Approximate tax rate of 16,5 percent
Apple's Board of Directors has declared a cash dividend of $ 0,77 per share for the company's common stock. The dividend will be paid on August 15, 2019 to shareholders of record at closing of operations on August 12, 2019.

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