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Thursday 30 April 2020

Apple reports $11.2 billion profit on $58.3 billion revenue in FY Q2 2020, iPhone sales decline due to COVID-19

Apple has reported quarterly revenue of $58.3 billion, up 1% over last year with a net profit of $11.2 billion, down 3.11% YoY and earnings per diluted share of $2.55 for the financial year Q2 2020 that ended March 28, 2020. During earnings call Tim Cook said that it has posted an all-time record Services … Continue reading "Apple reports $11.2 billion profit on $58.3 billion revenue in FY Q2 2020, iPhone sales decline due to COVID-19"