Apple announced last quarter's results fell by about 3% year-on-year, but could not predict this quarter's results
17
May 2020

Kirsten Thomas

Apple announced last quarter's results fell by about 3% year-on-year, but could not predict this quarter's results

The epidemic began in the first quarter of this year, and affected different companies to varying degrees. Apple announced quarterly results today, with a profit of 11.25 billion US dollars, about 3% year-on-year, higher than market expectations.

During the period, revenue reached US $58.3 billion, an increase of 0.5% year-on-year, while the Greater China region fell by 7.5% due to the epidemic. iPhone revenue reached 28.9 billion US dollars, down 6.9% year-on-year, while iPad reached 4.37 billion US dollars, down 10.3% year-on-year, Mac revenue was 5.35 billion US dollars, down 3% year-on-year.

iphone china

Tim Cook said that as China unblocked, sales in China began to improve, but the global epidemic still brought uncertainty, so it was impossible to make predictions for this quarter's results.