NEW YORK (AWP/AFP) – Apple published results above expectations for the first three months of the year on Thursday, stimulated by the recovery of sales of its flagship product, the iPhone, but expects a leap in its costs in the second quarter due to customs duties imposed by Donald Trump.
During the Conference Conference of results presentation, the Managing Director, Tim Cook estimated the potential impact for the group in the quarter during the new customs prices at 900 million dollars.
The net profit appears at $ 24.8 billion, up 4.8% over a year, in terms of the second quarter of the company’s offbeat. Reported by action, it reaches $ 1.65, a little better than the $ 1.62 anticipated by analysts, according to a consensus established by FactSet.
The Cupertino group (California) benefited from an increase of 1.9% of iPhone sales, after having recorded a slight decline in the previous quarter (-0.8%).
Investors scanned the commercial performance of the iPhone 16, the latest model in the range, criticized for the absence of number of artificial intelligence (AI) generative features announced by Apple in June and September.
For the current quarter, Apple expects “the majority of iPhone sold in the United States” to come from India, detailed Tim Cook, which will avoid customs duties of 145% applied by the United States to products from China.
The iPad, Mac, Connected Watches or AirPods (headphones) will originally have Vietnam, added the manager.
-Tim Cook nevertheless specified that in the state, Apple products from China were exempt from new customs duties, pending examination by the United States government.
If the iPhone was doing well at the start of the year, it is the most dynamic service activity (+11.7%), as in the previous quarters.
It includes the App Store application shop, musical streaming platforms (Apple Music) and video (Apple TV), as well as remote data storage (iCloud).
Services now weigh 28% of the company’s income whose business core has long been almost exclusively the devices, from the computer to the phone, including the tablet.
On the geographical level, the United States has shown vigor (+8%), while Europe was running out of steam (+1%) and China was contracting (-2%).
In total, turnover amounts to $ 95.4 billion (+5.1%), above analyst projections.
AFP/Rp
