We recommend prospective investors wait for a more attractive margin of safety for this narrow-moat behemoth. In terms of revenue, Apple broke its own record with $62.9 billion, 20% up from a year ago.
In August, the tech giant became the first $1 trillion publicly traded USA business, a milestone reached after it boosted revenue on higher-priced models such as the iPhone X. Yet just three months later, the company spooked investors by announcing it wouldn't disclose the closely watched iPhone sales figure.
The iPhone growth is slowing down, but that hasn't affected Apple's revenue so far.
In the year-ago quarter (Q4 2017), Apple earned $52.58 billion in revenue. Maestri cited $2 billion in foreign exchange headwinds hindering the firm's outlook.
India bowl; Krunal and Khaleel handed T20I debuts
However, Brathwaite said there was no shame in being labelled underdogs, especially against a strong side home-side. In the past three IPLs, he is one of only five players to have scored over 500 runs and taken 25 wickets.
FILE- In this September 21, 2018, file photo customers look at new Apple watches including the Series 4 at an Apple store in NY. Apple is still rated "Buy" on Game Trader, which means some Shackers may want to look to scoop up some shares on the cheap while they can.
"We were especially pleased with Mac momentum in emerging markets, with strong growth in Latin America, India, West Asia and Africa, and Central and Eastern Europe", said Apple's Chief Financial Officer Luca Maestri.
iPhone unit sales totaled 46.9 million, which increased 29 percent year-over-yea but slightly missed analysts expectations of 47.5 million.
What makes this even more remarkable is that Apple reported zero sales growth on premium iPhones - where it makes most of the money. Apple Inc. reports earnings Thursday, Nov. 1. The average price of each unit was $793, compared to $618 past year. Sales of iPad also witnessed a decline with the company selling just 9,699 units in Q4 2018 as against 10,326 units sold during the same time a year ago.
India Gets US Waiver From Iran Sanctions Along With 8 Others
During the summer, however, Iranian oil sales to India averaged much higher, topping out at a record 768,000 bpd during July. President Donald Trump withdrew from the deal in May, describing it as "defective at its core".
"Together with Apple, Salesforce is redesigning its apps to embrace a native mobile platform with exclusive new features on iOS", he said.
Apple, which is the world's most valuable company with an estimated value over $1 trillion, forecast that it would bring in between $89 billion and $93 billion in the current quarter. IPad revenue fell 15 percent to $4.09 billion from a year earlier.
"Apple is a complex company with lot of moving parts", said analyst Ivan Fienseth from Tigress "I think they need to give more transparency to their shareholders and not less".
"Over the past two months, we've delivered huge advancements for our customers through new versions of iPhone, Apple Watch, iPad and Mac as well as our four operating systems", said Cook, "and we enter the holiday season with our strongest lineup of products and services ever".
Cormier chokes out Lewis, defends 2nd title at UFC 230
Lewis did manage to work his way back up for a split second but Cormier was quick to toss him back down to the canvas again. Cormier has never lost to anyone except Jon Jones , the star-crossed former light heavyweight champion who beat him twice.