BofA/Merrill Lynch Reiterates Buy Rating on Apple (AAPL)
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Apple Reports Second Quarter Results
April 30, 2019 4:30 PM EDTServices Revenue Reaches New All-Time High of $11.5 Billion
CUPERTINO, Calif.--(BUSINESS WIRE)-- Apple® today announced financial results for its fiscal 2019 second quarter ended March 30, 2019. The Company posted quarterly revenue of $58 billion, a decline of 5 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.46, down 10 percent. International sales accounted for 61 percent of the quarters revenue.
Our March quarter results show the continued strength of our installed base of over 1.4 billion active devices, as we set an all-time record for Services, and the strong momentum of our Wearables, Home and Accessories... More
