Apple’s earnings day has arrived, and despite massive revenue and profit in the billions, it’s a bit of a different quarter for Apple for a few reasons. For starters, today’s earnings results mark the first time Apple is choosing not to break down revenue by iPhone, iPad, and Mac categories. And Apple already issued a rare guidance revision, lowering revenue guidance from between $89 billion and $93 billion to $84 billion.
With final results out, Apple has reported $84.3 billion in revenue and $19.97 billion in profit during the holiday quarter. During the same quarter a year ago, Apple reported $88.3 billion in revenue and $20.1 billion in profit. The two-year compare gives more perspective, when Apple reported $78.4 billion in revenue and $17.89 billion in profit.
Apple forecasts revenue between $55 and $59 over the next quarter — one in which it will be up against a $61.1 billion revenue compare year over year. Read on for the full report:
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