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' Condensed Consolidated Statements of Operations (Unaudited), Q1 2019,'. ' Condensed Consolidated Statements of Operations (Unaudited), FY 2019,'. ' Condensed Consolidated Statements of Operations (Unaudited), Q1 2020,'. ' Apple Reports Fourth Quarter Results (FY 2019).'Īpple. ' Apple Hangs Onto Its Historic $1 trillion Market Cap.'Īpple. The company announced revenue of $91.8 billion and profit of $22.2 billion-an all-time record for both net income and revenue.ĬNBC. For the first fiscal quarter of 2020, Apple forecast revenue between $85.5 billion and $89.5 billion. But earnings from its most popular products, such as iPhones and MacBook laptops, fell somewhat below 2018 levels. Sales for the iPhone 13 are expected to eclipse those of previous models despite slowdowns due to the COVID-19 pandemic.Įven though Apple's fiscal year 2019 was characterized by a series of ups and downs, it successfully boosted its revenue from its services division.Its iPhone unit is the main driver for growth in sales, profits, and share price.Apple continues to make aggressive efforts to transform itself into one of the world's leading providers of digital services.

The company's main business segments are the iPhone, Services, Mac, iPad, as well as its Wearables, Home, and Accessories unit.

Apple was the first American company whose market capitalization reached $1 trillion.

Should applemake a line of macs for gaming