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International Sales Account for 60% of Apple’s Q4 Revenue

 

Faizel Patel, Radio Islam News – 31-10-2019

(Twitter: @FaizelPatel143)

 

Apple has announced that international sales has accounted for 60 percent of the tech giants quarter’s revenue.

The company released its financial results for its fiscal 2019 fourth quarter ended September.

Apple posted quarterly revenue of $64 billion (, an increase of 2 percent from the year-ago quarter, and quarterly earnings per diluted share of $3.03, up 4 percent.

CEO Tim Cook says the Q4 revenue was fueled by accelerating growth from Services, Wearables and iPad.

“With customers and reviewers raving about the new generation of iPhones, today’s debut of new, noise-cancelling AirPods Pro, the hotly-anticipated arrival of Apple TV+ just two days away, and our best lineup of products and services ever, we’re very optimistic about what the holiday quarter has in store.”

Apple’s board of directors has declared a cash dividend of $0.77 per share of the Company’s common stock.

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