Apple has announced financial results for the third quarter of 2018. The report reveals that revenue increased by 17%, to the level of 53.3 billion dollars.
Cupertinos net profit of the Corporation reached USD 11.5 billion or $ 2.34 per share — 40% more than the year before. Such indicators will allow Apple to pay in August to 0.73 dollars per share in dividends.
This is the fourth consecutive quarter that the growth of our revenues is recorded in two-digit values. Highlights of the third quarter was provided steady sales of iPhone and wearable device, as well as income from services. We are extremely enthusiastic about products and services in our lineup — Tim cook, Apple’s CEO.
The company expects fourth quarter income from 60 to 62 billion dollars and a gross quarterly profit was 38 to 38.5 percent.