Apple reported on the results of the previous quarter

Apple reported on the results of the past quarter. Revenue - 43.6 billion (more than last year's figure of 39.2 billion), profit - 9.5 billion dollars, which is less than the same quarter last year, when it received 11.6 billion. For almost 10 years, this is the first time that quarterly profit is less than last year. One way or another, this should have happened sometime, and the cash reserves of 145 billion will help to survive this “difficult” period.




In January, Apple reported that a total of 40 billion applications were downloaded from it. Now companies are already talking about the intersection of the $ 45 billion mark, that is, about 800 applications are downloaded per second. The company paid developers more than 9 billion, so the company pays approximately 1 billion dollars a quarter to application creators.
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In the quarter, Apple sold 37.4 million iPhones (+ 7% compared with last year, -22% compared with last quarter) and 19.5 million iPads (+ 65% and -18%, respectively). However, despite the rumors and the general expectation, from the words of Tim Cook it becomes clear that there will be no new Apple products by the end of the year.



"Our team is working hard on exciting new devices, programs and services, and we can’t wait for them to be presented at the end of 2013."

“We understand that our growth has slowed,” he said. But the reasons for this, in his opinion, in the tremendous success that the company had in the past years, but such growth rates cannot last forever. Did Apple push the wall? Not at all, Cook answers - and his main hope in China. It was the company's best quarter in the country, including retail stores, with sales of 8.8 billion, up 11% from last year. IPad sales generally rose by 146,138 %.

The fall in share prices is also a concern for Apple’s CEO, but “the company's strength is in creating innovative products, and this is always under our control.”