{"id":100759,"date":"2020-10-30T00:17:00","date_gmt":"2020-10-29T21:17:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/apples-resurgent-mac-sales-make-up-for-iphone-shortfall\/"},"modified":"2020-10-30T00:17:00","modified_gmt":"2020-10-29T21:17:00","slug":"apples-resurgent-mac-sales-make-up-for-iphone-shortfall","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/apples-resurgent-mac-sales-make-up-for-iphone-shortfall\/","title":{"rendered":"#\n  Apple\u2019s resurgent Mac sales make up for iPhone shortfall"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a40c1dc948dd\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a40c1dc948dd\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/apples-resurgent-mac-sales-make-up-for-iphone-shortfall\/#Company_sees_strong_growth_in_iPads_and_Macs_as_pandemic_drives_boom_in_remote_work_and_schooling\" >Company sees strong growth in iPads and Macs as pandemic drives boom in remote work and schooling<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/apples-resurgent-mac-sales-make-up-for-iphone-shortfall\/#Apple_reported_fiscal_fourth-quarter_earnings_Thursday\" >Apple reported fiscal fourth-quarter earnings Thursday.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/apples-resurgent-mac-sales-make-up-for-iphone-shortfall\/#Emily_Bary\" >Emily Bary<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>le\u2019s resurgent Mac sales make up for iPhone shortfall<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Company_sees_strong_growth_in_iPads_and_Macs_as_pandemic_drives_boom_in_remote_work_and_schooling\"><\/span>\n  Company sees strong growth in iPads and Macs as pandemic drives boom in remote work and schooling<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000050395\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"inline\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          inline\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        renoImageFormat-\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:67.65625%;\" data-mobile-ratio=\"67.65625%\" data-layout-ratio=\"67.65625%\" data-subtype=\"\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-251897?width=140&amp;size=1.4780600461893765 140w,\nhttps:\/\/images.mktw.net\/im-251897?width=540&amp;size=1.4780600461893765 540w,\nhttps:\/\/images.mktw.net\/im-251897?width=620&amp;size=1.4780600461893765 620w,\nhttps:\/\/images.mktw.net\/im-251897?width=700&amp;size=1.4780600461893765 700w,\nhttps:\/\/images.mktw.net\/im-251897?width=860&amp;size=1.4780600461893765 860w,\nhttps:\/\/images.mktw.net\/im-251897?width=1260&amp;size=1.4780600461893765 1260w\" sizes=\"(max-width: 140px) 100px,\n(max-width: 540px) 500px,\n(max-width: 620px) 580px,\n(max-width: 700px) 660px,\n(max-width: 860px) 820px,\n1260px\" src=\"https:\/\/images.mktw.net\/im-251897?width=620&amp;size=1.4780600461893765\" data-enlarge=\"https:\/\/images.mktw.net\/im-251897?width=1260&amp;size=1.4780600461893765\" alt=\"\" title=\" Apple reported fiscal fourth-quarter earnings Thursday.\"><\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n<h4 class=\"wsj-article-caption-content\"><span class=\"ez-toc-section\" id=\"Apple_reported_fiscal_fourth-quarter_earnings_Thursday\"><\/span> Apple reported fiscal fourth-quarter earnings Thursday.<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>      <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            AFP\/Getty Images<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/div>\n<p>       Record Mac sales helped Apple Inc. make up for a lack of new iPhones in its fiscal fourth quarter as the COVID-19 pandemic continued to drive surging demand for remote-work tools. <\/p>\n<p> Though Apple\u2019s<br \/>\n        AAPL,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202934861\/composite\" class=\"positive\">+3.70%<\/bg-quote><br \/>\n       iPhone business fell short in the September quarter, Apple managed to beat overall expectations due in part to resurgent Mac sales. Mac revenue of $9 billion came in more than $1 billion ahead of what analysts were expecting amid a growing need for products that make working and studying from home easier.<\/p>\n<div class=\"paywall\">\n       Still, shares fell 5.2% in after-hours trading Thursday, as Apple again declined to provide a financial forecast amid the pandemic. Investors and analysts were hoping for guidance that would give a clearer idea of what holiday sales of the new iPhones could look like.<\/p>\n<p>Chief Financial Officer Luca Maestri said on Apple\u2019s earnings call that the company expects growth in iPhone revenue for the December quarter \u201cdespite shipping iPhone 12 and 12 Pro four weeks into the quarter and iPhone 12 mini and 12 Pro Max seven weeks into the quarter.\u201d He also anticipates that \u201call other products in aggregate\u201d will grow by double digits, as will the services business. <\/p>\n<p>Though Apple\u2019s revenue in Greater China slipped to $7.95 billion from $11.13 billion in the September quarter, Chief Executive Tim Cook said on Apple\u2019s call that the company is \u201cconfident that [it] will grow this quarter in China.\u201d<\/p>\n<p>Apple\u2019s upbeat Mac results for the September quarter are in line with <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a> personal-computer industry trends, with third-party analysts at Gartner and IDC pointing to the strongest growth in more than a decade for the PC market.<\/p>\n<p>The company seemed to see a benefit from school systems, as Cook called out that the company started nine of its 10 largest school deployments yet that will support more than 1 million students and teachers. <\/p>\n<p>In many other years, Apple\u2019s fiscal fourth quarter has received a jolt from early sales of the company\u2019s latest iPhone models. Apple delayed its iPhone 12 launch due to the COVID-19 crisis this year, but the rest of the business stepped up as Apple beat expectations across its other four product categories. <\/p>\n<p><strong>Don\u2019t miss: Apple brings 5G to iPhones but keeps the same price tags<\/strong><\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>Apple\u2019s total revenue for the quarter rose to $64.7 billion from $64.04 billion a year ago, while analysts surveyed by FactSet were modeling $63.7 billion.  The company posted net income of $12.67 billion, or 73 cents a share, down from $13.68 billion, or 76 cents a share, in the year-earlier quarter. Analysts tracked by FactSet were modeling 71 cents a share in earnings. <\/p>\n<p>Apple saw iPhone revenue slip to $26.44 billion from $33.36 billion as the year-prior period included some sales of new-model devices. These sales fell short of the $28.08 billion that analysts surveyed by FactSet were modeling. <\/p>\n<p>Revenue from iPads rose to $6.8 billion from $4.66 billion, while revenue from Macs climbed to $9.03 billion from $6.99 billion. Apple\u2019s newest entry-level iPad model became available at the tail end of the September quarter. Analysts surveyed by FactSet were modeling $6.02 billion in iPad revenue and $7.82 billion in Mac revenue. <\/p>\n<p><strong>Read: The 5G iPhone is reigniting the subsidy wars, which is good for Apple and consumers but not mobile carriers<\/strong><\/p>\n<p>Apple\u2019s sales from wearables, home and accessory products increased to $7.88 billion from $6.52 billion in the prior-year quarter, coming in above estimates for $7.17 billion. Services revenue jumped to $14.55 billion from $12.51 billion, while analysts were calling for $14.11 billion.<\/p>\n<p>Apple\u2019s overall revenue was a record for the September quarter. The company said in its release that services and Mac revenue hit \u201cnew all-time high[s].\u201d<\/p>\n<p>The smartphone giant declared a dividend of $0.205 a share, which is payable Nov. 12 to shareholders of record as of the close of business Nov. 9.<\/p>\n<p>Shares of Apple have risen about 59% so far this year as the Dow Jones Industrial Average<br \/>\n        DJIA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598065\/realtime\" class=\"positive\">+0.52%<\/bg-quote><span>,<\/span><br \/>\n       of which Apple is a component, has declined roughly 6%. <\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Emily Bary\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Emily_Bary\"><\/span><a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/marketwatch.com\/author\/emily-bary?mod=MW_author_byline\">Emily Bary<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener noreferrer\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21004575-02D4-D4B5-4572-DC4DB9448B4D%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Apple\u2019s resurgent Mac sales make up for iPhone shortfall &#8221; Company sees strong growth in iPads and Macs as pandemic drives boom in remote work and schooling Apple reported fiscal fourth-quarter earnings Thursday. AFP\/Getty Images Record Mac sales helped Apple Inc. make up for a lack of new iPhones in its fiscal fourth quarter&#8230;<\/p>\n","protected":false},"author":1,"featured_media":100760,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-100759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/100759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=100759"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/100759\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/100760"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=100759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=100759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=100759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}