Apple Reports Fourth Quarter Results

On Thursday (11-1-18) Apple announced financial results for its fiscal 2018 fourth quarter ended September 29, 2018. The Company posted quarterly revenue of $62.9 billion, an increase of 20 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.91, up 41 percent. International sales accounted for 61 percent of the quarter’s revenue.

Services revenue reached an all-time high of $10 billion. Excluding a one-time favorable adjustment of $640 million recognized in the fourth quarter of fiscal 2017, Services revenue grew from $7.9 billion in the fourth quarter of fiscal 2017 to $10 billion in the fourth quarter of fiscal 2018, an increase of 27 percent.

Read the entire news release  >  HERE.
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New iPad Pro With All-screen Design

On Tuesday (10-30-18) Apple introduced the new iPad Pro with all-screen design and next-generation performance, marking the biggest change to iPad ever. The all-new design pushes 11-inch and 12.9-inch Liquid Retina displays to the edges of iPad Pro and integrates Face ID to securely unlock iPad with just a glance. The A12X Bionic chip with next-generation Neural Engine in iPad Pro outperforms most PC laptops and offers a new USB-C connector, Gigabit-class LTE, and up to 1TB of storage to enable powerful new mobile workflows. With over a million apps designed to take advantage of the large Multi-Touch display, including next-generation apps like Photoshop CC on iPad (coming 2019), the new iPad Pro will push what users can do on a computer further than ever before.

A second-generation Apple Pencil magnetically attaches to iPad Pro and wirelessly charges at the same time. A new touch sensor built onto Apple Pencil detects taps, introducing an entirely new way to interact within apps. The new Smart Keyboard Folio features a streamlined design that’s adjustable for added versatility. The new iPad Pro, Apple Pencil and Smart Keyboard Folio are available to order starting 10-30 and in stores starting Wednesday, November 7.

Read more about the new iPad Pro  >  HERE.
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