What to expect as Apple reports Q2 results:
The Apple Inc. logo is displayed at one of the company's stores in Hong Kong, China, on Thursday, Jan. 3, 2019. Photographer: Anthony Kwan/Bloomberg is scheduled to publish its fiscal Q2 results on April 30, reporting on a quarter that likely saw the company’s iPhone business continue to underperform, although the Services business likely gained further traction. Here’s a quick rundown of what to expect when the company publishes results.details Trefis’ key expectations for the quarter.
This should be partly mitigated by Apple’s move to drop prices of iPhone models in markets such as China while promoting trade-in deals and monthly payment plans.Services has emerged Apple’s second largest segment, accounting for ~13% of revenue The number of paid subscriptions as of December 2018 stood at ~360 million, and is expected to rise to over 500 million by 2020.
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