Apple posts $ 64 billion in fiscal fourth quarter 2019 [atualizado 2x]

Apple has just released its financial results for the fiscal fourth quarter 2019, ended on September 28th – that is, encompassing the first days of sales of the iPhones 11, 11 Pro and 11 Pro Max.

The company earned $ 64 billion – within its expectation of US $ 61-64 billion, but at the top – it had a net profit of $ 13.7 billion and earnings per diluted share of $ 3.03– well according to the company’s own forecasts. Comparatively, the results a year ago were US $ 62.9 billion (that is, an increase of 1.7%), US $ 14.1 billion (-2.8%) and US $ 2.91 (+ 4.1% ).

In this fiscal quarter, international sales comprised 60% of all Apple sales.

Here are the numbers by segments:

• iPhone: US $ 33.4 billion (-9.2%)
• Mac: US $ 6.9 billion (-4.7%)
• iPad: US $ 4.7 billion (+ 16.8%)
• Wearables, Home and Accessories: US $ 6.5 billion (+ 54.3%)
• services: $ 12.5 billion (+ 18%)

Tim Cook, Apple’s chief executive officer (CEO), made the following statement:

We concluded an innovative fiscal year 2019 with our highest revenue in the fourth quarter of all time, driven by the accelerated growth of services, portable devices and iPad. With customers and journalists praising the new generation of iPhones, today’s debut of the new noise-canceling AirPods Pro, the long-awaited arrival of the Apple TV + just two days away, and our best line of products and services of all time , we are very optimistic about what the holiday season has in store for us.

Below, that of the CFO Luca Maestri:

Our strong commercial performance raised EPS [ganhos por ação] in the fourth quarter to $ 3.03 and operating cash flow to $ 19.9 billion. We also returned more than $ 21 billion to shareholders, including nearly $ 18 billion in share repurchases and $ 3.5 billion in dividends and equivalents, as we continue on our path to achieving a net neutral cash position over time.

As we are in the fourth fiscal quarter of the year, an overview is worth: Apple closed 2019 with an annual revenue of $ 260.2 billion (against $ 265.6 billion in 2018; down 2%) and annual net income of $ 55.3 billion (against $ 59.5 billion last year; down 7%).

Looking ahead to the first fiscal quarter of 2020, Apple predicts revenue of $ 85.5-89.5 billion, gross margin between 37.5% and 38.5%, operating expenses between $ 9.6 and $ 9 , 8 billion, other income / (expenses) of $ 200 million and a tax rate of approximately 16.5%.

Apple’s board of directors declared a cash dividend of $ 0.77 per common share of the company (which remained exactly the same period in 2018), payable on November 14, 2019 to all registered shareholders at the end of business in November 11 next.

From 6 pm (Brasília time), Apple will hold an audio conference to talk about these numbers and answer questions from the press. Afterwards, we will do a complete coverage with the highlights of what to roll over here in MacMagazine.

image: Robert Wei / Shutterstock.com

Update, for Eduardo Marques Oct 30, 2019 at 18:30

Apple shares closed the day down 0.01%, worth $ 243.26. It is worth noting that the financial results did not impact today’s trading session, as they only came out after the NASDAQ closed. With Microsoft’s 1.25% rise (closing on $ 144.61), it overtook Apple and is now worth $ 1.103 trillion, against $ 1,099 trillion of the Apple.

In post-closing negotiations, however, the $ AAPL is now rising by about 2%. We will see her performance tomorrow.

Update II Oct 31, 2019 at 17:48

Wall Street really welcomed Apple’s results. The $ AAPL closed today at a high of 2.26%, now quoted at $ 248.76.

With that, Apple again surpassed Microsoft [$MSFT] – which fell 0.86% today, quoted at US $ 143.37 – in market value: $ 1.124 trillion against $ 1.094 trillion. Good fight!