Börse Express – ROUNDUP 2: Apple continues to grow thanks to services, watches and headsets



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(Updated share price)

CUPERTINO (dpa-AFX) – Apple so far it comes despite the
the iPhone business fell quite well through the crown crisis. In
Last quarter sales increased one percent to 58.3
Billions of dollars (53.7 billion euros). That was the deciding factor
Business services with streaming applications and subscriptions, as well as calls
Wearable as Apple Watch computer clock and AirPods earphones.
Apple originally had sales of up to 67 for the quarter
Billions of dollars in prospect. Bottom line reserved
Apple made a profit of $ 11.25 billion, close to 11.56
Billions of the same quarter last year.

With its most important product, the iPhone, Apple had
last quarter due to Corona outbreak with turbulence in
supply chain and moderate demand, especially in China
fight Income in the iPhone business decreased accordingly by 6.7
Percentage of just under $ 29 billion, according to Apple
The closure of the United States is announced on Thursday. CEO Tim Cook
He spoke of a “shock” to the supply chain. Also in
Mac computers and iPad tablets fell in revenue. To be sold
For some time, Apple has not given numbers.

According to the calculations of the market research company Strategy Analytics
IPhone sales in the last quarter rose nine percent to 39.2
Millions of devices, while the entire smartphone market grew 17 percent
cringed

But Apple’s services business also grew by more than 16 percent.
$ 13.35 billion. In the division with the Apple Watch and
Airpods sales actually increased by a good 22 percent to around 6.3
Billions of dollars That shows that Cook’s course that
Expanding Apple’s business beyond the iPhone works.

Business in Europe performed particularly well in the last quarter
a 9.5 percent increase to $ 14.3 billion.

Apple did not make sales forecasts for the current quarter. In
In the second half of April, however, the group increased again.
There was demand across the full range of products, Cook said in
A conference call with analysts. Apple had during the crisis
launched a new cheaper iPhone model and iPad Pro
brought. Cook expects that in the current quarter
However, business with iPads and Macs will grow year after year
People prepared to work at home. He does the math
generally with the fact that after the crisis people were out of the
The offices will work and interest in health technologies
attracts

Apple had reserves of $ 193 billion at the end of the quarter
to $ 110 billion in debt. The group had more than
Money borrowed for years, including distributions
Shareholder Financing: Why That’s Cheaper Until America’s Tax Reform
It was when I brought the foreign earnings home.

Apple also increased the quarterly dividend and another 50
Billions of dollars ready for share buybacks. The share price fell by
The exchange prior to exchanges in the United States on Friday is three percent temporary.

Apple provided more than 30 million protective masks during the crisis
and donated more than 7.5 million masks
done Cook./so/DP/mis said

 ISIN  US0378331005

AXC0082 2020-05-01 / 11:52

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