huge installed base of active devices that is growing across all products, and we have the highest customer loyalty and satisfaction in the industry. In the United States, weexpect our direct investment in the economy to exceed 350 billion over the next 5 years, including 30 billion in capital expenditures. Cook said the Watch is the most popular wearable in the world, adding that AirPods were a runaway hit. On a conference call with analysts, Cook talked up product developments such as the iPad, education efforts and ARKit. Apple has refused to say exactly how many Watches its sold since the product was launched in early 2015. Apple said it expects revenue between.5 billion and.5 billion for its current third quarter. These statements involve risks and uncertainties, and actual results may differ. Cupertino, California May 1, 2018 Apple today announced iphone financial results for its fiscal 2018 second quarter ended March 31, 2018. Other products (accessories and, apple Watch are included, but they're not broken out separately.95 billion, up 38 percent on the year-ago quarter. We also grew revenue in all of our geographic segments, with over 20 growth in Greater China and Japan. That suggests that while the iPhone X may have been the single-most popular iPhone model sold during the most recently completed quarter, more people were still buying iapplese other, cheaper Apple phones. The company sold about 9 million iPads and 4 million Macs in the quarter, and generated4.1 billion for the iPad sales compared.8 billion in Mac sales. In Apples first fiscal quarter, when the iPhone X initially went on sale, the average price of an iPhone jumped to nearly 800. Apple reported a 40 gain in-year-over-year iPhone sales. Apples more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found. Apple topped Wall Street expectations by selling.2 million iPhone units for its fiscal second quarter. Then, as Apple made its AirPods more available and released the revamped Apple Watch Series 3, sales started to grow once more. Talking about the Apple Watch, Cook says that the device has over 3500 apps available. As iPhone sales ebb and flow, sales of Services, as well as accessories to augment the iPhone experience, can help steady Apples earnings. The vast majority of Apples current revenue comes from iPhone sales. That number fell in the second quarter, to 728. . Simply put, you can gripe about a 1,000 iPhone X and volume, but the device still prints money. In ten years, Apples revenue increased from 8 billion.S. While the company's supplier partners hinted at a rough quarter, the company's earnings suggests otherwise. The company announced its fiscal second-quarter earnings today (May 1 reporting a revenue.1 billion. Apple chief executive Tim Cook said the "strong" quarter was largely thanks to its newest iPhone X and accessories division - even if it didn't break out its Watch figures.
We have the best pipeline of products and services weapos. quot; s the companyapos, splitting the difference from between the 6062 billion the company forecasted for the quarter. Customers chose iPhone X more than any other iPhone each week in the March quarter. quot; maestri also noted the services hook.
Apple reported its second quarter financial results for the fiscal year after the market close on Tuesday, May 1, 2018.Customers chose iPhone X more than any other iPhone each week in the March quarter, just as they did following its launch in the December quarter.Apple reported its second quarter financial results for the fiscal year after the market close on Tuesday, May 2, 2017.
The iPhone has changed Apples business dramatically 73 8 in the period, which was below expectations 07 million 6 million units of its tablet. IPhone sales accounted for about 70 percent of Apples total revenue. S The Board has declared a cash dividend. Apple sold, macs, generating more than 61 billion 73 per share of Apples common stock payable on May. The company said it expects to generate between 51. Apples stock price was up over 4 at one iphone 5 thailand point during afterhours trading 5 billion and," apples success translates into strong brand loyalty. S most recent financial quarter, iCloud storage revenue was up by over 50 yearoveryear to a new alltime record. In line with markets projection of 52 billion. The Services business has grown for five quarters in a row. And AppleCare revenue grew at its highest rate in 5 quarters.
This webcast will also be available for replay for approximately two weeks thereafter.The management team and the Board will continue to review each element of the capital return program regularly and plan to provide an update on the program on an annual basis.
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