Apple capitalizes on more expensive iPhone sales

" We are very pleased to announce Apple's best third quarter to date, and our fourth consecutive quarter of double-digit revenue growth "said Tim Cook, the boss of Apple, who highlights in particular the strong sales of iPhone, as well as for services (App Store, Apple Music, iCloud, iTunes Store …) and portable connected objects (wearables) ).

Announcing a record quarter … it has become a bit of a routine for Apple, which therefore repeats with the publication of the results for its third quarter (ended June 30) for its offset 2018 financial year. Quarterly sales reached $ 53.3 billion, up 17% year-on-year. Quarterly net profit rose 32% to $ 11.5 billion.

These are better performances than analysts' forecasts. Regarding iPhone sales, which are still highly scrutinized, it is a little lower than analysts' expectations with a volume of 41.3 million smartphones sold (+1% over one year). However, with More expensive iPhones, revenues generated are up 20% ($ 29.9 billion; 56% of total revenue).

Without giving precise figures, Tim Cook indicates that over the quarter, the iPhone X has " once again been the most popular iPhone. "Remember that in France, it starts from € 1,159 (on the Apple site).

For the third quarter of its fiscal year, Apple sold 11.5 million iPad tablets (+1% year-on-year) and 4.7 million Mac computers (-13%). Revenues down 5% for these devices, while for services and other products (AirPods, Apple TV, Apple Watch, Beats, HomePod, etc.), revenues increased by 31% and 37% respectively.

Note that the services are the second main source of revenue for Apple after the iPhone. They represent 18% of total quarterly turnover.

Apple-results-quarter-t3-2018-decaleAfter the close on Wall Street, the Apple title progressed in after-hours trading. Even if it gets closer, it is not yet that Apple's market capitalization will reach $ 1 trillion ($ 956.5 billion currently).