Apple has reported quarterly revenue of $58 billion, down 5% over last year with a net profit of $11.6 billion, down 15.94% YoY and earnings per diluted share of $2.46 for the financial year Q2 2019 that ended March 30, 2019. During earnings call Tim Cook said “For iPhone, while our worldwide revenue was down 17% from a year ago, declines were significantly smaller in the final weeks of the March quarter.” Continue reading “Apple reports $11.56 billion profit on $58 billion revenue in FY Q2 2019, iPhone revenue down 17% YoY”