There's a hidden gem in Apple's earnings — and it isn't its services

Coverage of Apple's second-quarter earnings has focused on lower iPhone sales, strong growth in services and accessories, and the company's bullish revenue forecast.

The iPad appeals to first-time buyers, giving Apple more users to target with its services and accessories.But stock-watchers may have missed a hidden gem in the tech giant's results: the iPad. The iPad's"blockbuster quarter" saw it return to top-line growth in Greater China, Cook said on the call, and post"strong double-digit growth" in revenues across the Americas, Europe, Japan, and the rest of Asia Pacific. Moreover, its sales surged to a second-quarter record in Japan, and more than doubled in South Korea, Thailand, and Mexico.

Strong tablet sales were"fueled primarily by the great customer response to our new iPad Pros," said CFO Luca Maestri on the earnings call. The latest model's resolution, processing power, and support of Apple Pencil and Smart Keyboard make it a popular replacement for laptops with both consumers and professionals, he added.

tax monies from regular ppl to rich

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Apple says its services business grew as fast as iPhone sales fellApple, which touts more than a billion of its devices in use around the world, is trying to steer the attention of Wall Street away from falling iPhone sales. No strategy.
Fonte: washingtonpost - 🏆 95. / 72 Consulte Mais informação »

Apple CEO Tim Cook had an impact on the company before he was even hiredApple CEO Tim Cook impacted the company's operations practices when he was still in the interview process, according to a new book about his career. How the world loved Steve Jobs, the global world would be happy if Tim follows and implements exactly what Steve would have done if he was alive. He's Tim Apple afterall 0 innovation
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Apple reportedly looked at buying Intel's 5G business, showing openness to big dealsApple's biggest historical acquisition was Beats Electronics and Beats Music for $2.6 billion. Why not just team up with Microsoft?
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »