Apple announced the third quarter earnings, market value or the first to break through $1 trillion

Beijing time August 1st morning news, because apple just released the beautiful financial report, the company is likely to be the first to become the world's first market value of $1 trillion in the company.

Apple's third quarter results showed that the company's quarterly revenue reached $53 billion 300 million, a $1 billion higher than the market expectations. Although revenue growth in the third quarter tends to slow as consumers wait for new models, it is still the strongest quarterly report in the company's history.

The average iPhone price for apple in the season was $724, higher than the average analyst's average forecast of $693.

Apple expects revenue between $60 billion and $62 billion in the fourth quarter, from 16% to 19% year-on-year. The strong expectation is that the company will launch a number of new hardware devices this fall. So far, rumors have shown that the company may release three new iPhone, and consumers expect apple to launch a new iPad Pro and a modified Apple Watch.

Apple CEO Tim Cook (Tim Cook) did not confirm that the company would launch a medium - end iPhone X, but he did say that apple "will continue to provide people with a different iPhone to meet their needs."

Although there is no new iPhone, 2018 MacBook Pro, which is equipped with third - generation keyboards, have just been released and will contribute to the next quarter's revenue. In addition, Apple also released 3 iPhone last year, but only iPhone 8 and 8 Plus contributed to revenue in the fourth quarter, and iPhone X was not officially launched until November.

At the same time, Mac sales have declined for several consecutive quarters after Apple confirmed the design defects of MacBook with the first and second generation butterfly keyboard. The company launched a maintenance project last month to extend the keyboard warranty to 4 years. But the company does not use third - generation keyboard components to repair it.

Apple's biggest revenue growth was still the service sector, including Apple Music, iCloud and Apple Care, up 31% from a year earlier to a record $9 billion 550 million.

After the latest report on Tuesday, Apple has a market value of $935 billion. If the stock is up 7% more, the apple will be the world's first company with a market value of $1 trillion a share of $203.46 per share.

Source: Sina Technology

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