Apple has announced revenue and profits that exceeded Wall Street expectations, with a continuing boom in sales of Mac computers and accessories such as AirPods, which helped offset a drop in IPhone sales.
According to Arabiya Net, the company said that revenues and profits for the fourth quarter of its fiscal year ending on the 26th of September amounted to $ 64.7 billion and 73 cents per share, compared with analysts' estimates. At $ 63.7 billion and 70 cents a share.
iPhone sales fell 20.7% to $ 26.4 billion, a drop more sharply than analysts' expectations, which had indicated a 16.2% decline.
Apple said that its revenue from the accessories segment jumped 20.8% to 7.9 billion dollars, while analysts' estimates indicated an increase of 13.5% to 7.4 billion dollars.
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Mac and iPad sales rose to $ 9.0 billion and $ 6.8 billion, compared with estimates of $ 7.92 billion and $ 6.12 billion.
Apple revealed earlier its series of smartphones for this year after delaying its launch due to the repercussions of the outbreak of the Corona virus, which will work with the fifth generation technology.
The company revealed that it has conducted 5G tests with 100 companies in 30 regions around the world.
According to Apple, the iPhone 12 carries a 6.1-inch OLED Super Retina XDR screen, which is 11% thinner than before, 15% smaller bezels and better lighting. 16%.
and the iPhone 12 carries the A14 processor, which is 40% better than the previous A13, as it is the first processor to be manufactured with 5 nm technology.
