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Apple presents the results of Q1 2020

Apple starts 2020 with great news and is that the Californian company has broken a record of revenue and profits thanks to sales of the iPhone 11. The Q1 that Apple has closed is one of the best in years and we refer to the tests.

This first quarter of the fiscal year has been closed as of December 28, 2019 and Apple has recorded more than $ 91.8 billion in revenue, thus demonstrating an exponential growth of 9% over the previous year.

Apple will have to eliminate the lightning port of the iPhone in Europe

With respect to the net benefits of the company, this fiscal year has been closed with a price per share of $ 4.99. In other words, it represents a rise of 19%, marking another record for the block.

A curious fact that has attracted a lot of attention, is that more than 60% of Apple sales have been registered outside the United States. And without a doubt what has saved Apple, is the appearance of the iPhone 11.

Image - Apple presents the results of Q1 2020

The iPhone 11 must add the sales of AirPods Pro, the appearance of Apple Arcade, the opportunity that hundreds of users are giving Apple TV +, the positive rating of the Apple Watch Series 5, etc.

Tim Cook states that the Little Christmas has been a catapult for the company and that they currently have more than 1.5 billion active devices. Favorites have been the iPhone 11 and iPhone 11 Pro.

Apple is very optimistic for the second quarter of the fiscal year and expect to continue the good run even obtain income of between 63,000 and 67,000 million dollars and a gross margin of between 38% and 39%.

In one way or another the new iPhone have liked a lot, and despite the memes of the iPhone 11, the critics for its rear camera module, its high price with respect to the competition, its innovative "little" technical specifications regarding its biggest competitors, etc. iPhone wins and the numbers tell us.

Apple TV + will be priced at 4.99 euros