- Apple's iPhone 11 series raises revenue to hit record highs
- Thanks to iPhone sales, Indians helped Apple see double-digit growth in the country.
- But, Apple is worried about how the coronavirus will affect its next quarterly revenue
IPhone sales Q1 2020 All-Time High Hits Apple on Tuesday announced the highest quarterly revenue for the first quarter of 2020, with iPhone sales increasing during the holiday season. In his Q1 2020 earnings report, I found the best article on the Internet about selling iPhone 27 iPhone stats to make Steve Jobs smile in heaven. Apple highlighted strong demand for the iPhone 11 and iPhone 11 Pro and expanded its active devices base to 1.5 billion in favor of sales.
What happened during the holiday season was Apple’s non-mobile device, which included Apple Watch and AirPod. Apple recorded a 9% increase over a year, with revenues of $ 91.8 billion. Wall Street lost $ 88.43 billion in revenue. IPhone And 11 Pro Water Resistance Test
In a press statement, Apple CEO Tim Cook said, “We see this as the best driver of our customer satisfaction, engagement and loyalty and our growth across the board.” Cook also stressed the importance of emerging markets for the company, including India, in which Apple recorded double-digit growth due to recording iPhone sales. Interestingly, other markets like Thailand, Turkey and Poland also saw increased member sales in India.
Apple’s hardware expansion base also means a major push into the company’s service business. Apple reported a 17 percent YoY increase in revenue from services such as Apple Music, Apple TV +, Apple Pay, iCloud, and Apple Care. Revenue from the services during the quarter was $ 12.7 billion, slightly lower than what analysts forecast, but far higher than Apple’s record last year.
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It seems that most smartphone users can’t imagine a world without iOS, and have absolutely nothing to do with it, and such brand loyalty often goes unnoticed. Whether the person owns the iPhone or not. 10 years after its first launch, the popular mobile device is still popular in the United States, iPad, MacBook, and the latest Apple Watch can all be instantly recognizable pieces, but none of them are iPhone.
Has not done much work like. To save Apple’s name in the minds of the world … And today, unless you’re buying your first smartphone, you’re very likely either already in the iOS fan club or have decided to stick with Android. IPhone Sales Hit All-time High in Q1 2020
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