Apple FY 3Q18 Earnings: Valuation Exceeds $1 Trillion as iPhone X Boosts ASPs and Services Drive Higher Revenue
Aug 2018 | IDC Link | Doc # lcUS44198918
By: William StofegaProgram Director, Mobile Device Technology and Trends, Ramon T. LlamasResearch Director, Mobile Devices and AR/VR, Lauren GuenveurSenior Research Analyst, Anthony ScarsellaResearch Manager, Mobile Phones, Adam WrightSenior Research Analyst, Internet of Things: Consumer
On July 31, Apple announced its FY 3Q18 earnings posting a quarterly revenue of $53.3 billion, an increase of 17% from the previous year but down 13% sequentially. Financial highlights included:iPhone shipments totaled 41.3 million, up less...