Benjamin Mayo. The cheaper entry performance and features of iPhone 11 and iPhone 11 Pro helped Apple reverse the trend just a year later, resulting in company record financials for both revenue and profitability. However, Apple also surprised investors last night with strong guidance. In the quarterly earnings call, Tim Cook discussed high demand for Apple Watch and AirPods, possible impacts of the coronavirus , and unsurprisingly avoided questions about the forthcoming 5G iPhone lineup. FTC: We use income earning auto affiliate links. Check out 9to5Mac on YouTube for more Apple news:.
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In other words, Apple will likely remain on the top of this list for some time. Get your mind blown on a daily basis:. The dynamic nature of society makes it difficult to decipher. These help us make sense of the world today, and can give us an idea of what to expect in years ahead.
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Apple Inc. AAPL , founded in , became the first U. Apple's spectacular growth in sales, profits, and its share price have historically been driven by solid sales of its iPhone products. However, as sales of their iPhone and other technology hardware devices have slowed down, the company has made aggressive efforts to transform itself into one of the world's leading providers of digital services. Apple's fiscal year was characterized by a series of ups and downs, but overall, they were successful in boosting their revenue from services, while their earnings from their most popular products, such as iPhones and MacBook laptops, fell somewhat below levels. This would make Apple's services business worth more than its hardware business.