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Apple, profit rises: Europe and the Americas are doing well, the Asian market is declining

Profits per share, the Cupertino-based company announced yesterday evening, reached 1,42 dollars, better than the 1,31 dollars expected by analysts – Revenues +12%, mainly driven by Europe and America: China only +1%. with the “minus” sign Asia.

Apple, profit rises: Europe and the Americas are doing well, the Asian market is declining

In its fiscal fourth quarter, Apple reported earnings of $8,47 billion, up 13% from the same period last year.

Earnings per share – the Cupertino-based company announced last night – reached 1,42 dollars, better than the 1,31 dollars expected by analysts. Revenues jumped 12% to $42,12 billion, over the consensus $39,88 billion. On the geographical front, it is Europe (+19%) followed by the Americas (+17%) that has driven the turnover. That generated in Japan grew on an annual basis by 5% and that in China by 1%.

In the rest of Asia there was a decline of 3%. Gross margins, the profitability indicator measured as a percentage of revenues that remain after production costs, reached 38%, in the upper part of the range indicated by the company and estimated at 37-38%. The accounts for the period ending on September 27 were supported by the sales of its iPhones - 39,3 million - including the two new models marketed since September 19 last year. 

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