Apple Reports Fiscal Q4 Revenue of $62.9 Billion, a 20 Percent Increase
Services revenue hits $10 billion, an all-time high for the company.
Apple started the month off right with a strong earnings report on November 1 for its fiscal fourth quarter ended September 28, 2018. Among the highlights are quarterly revenue of $62.9 billion, a 20 percent increase year-over-year, and quarterly earnings per diluted share of $2.91, representing a 41 percent increase over earnings for the same period last year. International sales made up 61 percent of revenue for the quarter. Of particular note was the company’s Services revenue which hit an all-time high of $10 billion, an increase of $2.1 billion, or 27 percent, over the same period last year.
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