Bloomberg·2h agoAAPL
Apple services revenue hits fresh quarterly record
Installed-base monetisation continues to offset flat hardware units, with gross margin at the top of guidance.
Apple Inc.
$228.42+1.24%
Apple Inc.
AAPL$228.42+1.24%
$228.54$222.81$217.07$211.33$205.60
Jul 11Jul 19Jul 26Aug 3Aug 10
About Apple Inc.
Apple designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a range of related services across a global installed base of active devices.
Market cap$3.47T
P/E34.1
Dividend0.51%
52W high$260.10
52W low$164.08
Revenue$391.0B
EPS6.71
Employees164,000
CEOTim Cook
SectorTechnologyConsumer Electronics
About Apple Inc.
Apple designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a range of related services across a global installed base of active devices.
Market cap$3.47T
P/E34.1
Dividend0.51%
52W high$260.10
52W low$164.08
Revenue$391.0B
EPS6.71
Employees164,000
CEOTim Cook
SectorTechnologyConsumer Electronics
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Discussion
The interesting part of this print isn't the top line, it's that gross margin held while mix shifted toward the lower-margin segment.