Will it be a car, glasses, or a full frame camera? iPhones aren’t selling like they used to, and Apple’s looking for their next huge hit! We discuss... Plus: even with iPhone sales way down, Apple managed to have another MASSIVE quarter, and you won’t believe how they pulled it off. And stay tuned for our favorite shows and games in an all-new What We’re Into 🔥
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Notes and Links:
- Sales of the Apple Watch grew 50% compared to the same quarter last year, Apple CEO Tim Cook said on Apple’s Q2 2019 quarterly analyst call on Tuesday.
- If Apple’s wearables business — which includes the Apple Watch and the popular AirPod earbuds — were a stand-alone company, it would be in the Fortune 200, Cook said.
- Apple’s wearables business also includes its home and accessories category. Together, sales in the March quarter hit a record $5.1 billion in revenue, up from $3.94 billion in the year-ago quarter.
- Wearables now almost as big as the Mac business (5.5B last quarter).
- Services business is now more than twice as big as the Mac business!
- Apple shipped an estimated 36.4 million iPhones worldwide during the first calendar quarter of 2019, which corresponds to Apple's second fiscal quarter, according to new estimates shared today by IDC.
- Apple's worldwide smartphone shipments were down 30.2 percent from 52.2 million iPhones shipped in the first quarter of 2018. The decline in sales led to Apple losing the number two worldwide smartphone vendor spot to Huawei. In Q1 2019, Huawei shipped an estimated 59.1 million smartphones.
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