Apple announced its balance sheet for the July-September period.
According to the statement made by Apple, the company's revenue, which accepts the July-September period as the fourth quarter in its balance sheet, decreased by about 1 percent compared to the same period last year to 89.5 billion dollars. The company had revenue of 90.2 billion dollars in the same period last year.
Thus, the company's revenue declined for the 4th consecutive quarter. Despite the decline in this period, the company's revenue, which exceeded market expectations, was projected to be 89.3 billion dollars.
Apple's net profit increased by 10.8 percent in the July-September period compared to the same period of the previous year, reaching 22.96 billion dollars. The company's net profit was recorded as 20.72 billion dollars in the same period last year.
The company's earnings per share also increased from 1.29 dollars to 1.46 dollars in the said period.
iPhone sales up, iPad and Mac sales down
In this period, Apple's smartphone sales increased, while tablet and computer sales decreased.
The amount of iPhone sales increased by 2.8 percent to 43.8 billion dollars in the July-September period compared to the same period last year.
In the same period, Mac sales decreased by 33.8 percent to $ 7.6 billion and iPad sales decreased by 10.2 percent to $ 6.4 billion.
