According to foreign media , on Tuesday, local time in the United States, Apple released the company's third quarter financial report for the 2019 fiscal year ended March 30, 2019. According to the financial report, Apple 's revenue in the third quarter was US$53.8 billion, a year-on-year increase of 1%, and net profit was US$10.044 billion, a year-on-year decrease of 13%
The net revenue from iPhone in the third quarter was US$25.986 billion, compared with US$29.47 billion in the same period last year; a year-on-year decrease of 12%. However, net revenue from wearable devices, home products and accessories has seen a significant increase.
Specifically, the wearable devices of Apple include AppleWatch, AirPods and Beats headphones. Luca Maestri, chief financial officer of Apple , said in a statement that this product category is "accelerating" growth, with an increase of more than 50% in terms of service revenue, net revenue was US$11.455 billion, compared with US$10.17 billion in the same period last year. The revenue of service business, including subscriptions, app store commissions and other online services, increased by 13%, and the profit margin of service business exceeded 64%, making a huge contribution to the profit of Apple . Cook said that the total sales of the service business hit a record high.
specifically goes to the Greater China market. The financial report shows that the net revenue in Greater China was US$9.157 billion, compared with US$9.551 billion in the same period last year, a year-on-year decline of 4.1%; however, Cook said that the performance of Apple in mainland China is considerable. He added that revenue from Apple non-iPhone products increased by 17%. Cook said that China's VAT reduction and exemption policy has provided great help to it, so , Apple, still attaches importance to the Chinese market.
In addition, as the release time of the new iPhone approaches, as the main OEM of Apple , Foxconn has also entered the production preparation state, and they are currently recruiting a large number of people.
According to the industry chain, the Foxconn Zhengzhou factory is fully recruiting employees, and they will enter the iPhone production line after training.
industry chain also revealed that Apple will launch three new iPhones this year, some new LCD versions will be produced in India, and the remaining major new models with high prices will still be produced by the Foxconn Zhengzhou factory, and will be expected to be shipped to overseas markets one after another from late August to early September.
