Earnings season rolls on today with Apple announcing its fiscal Q2 2019 results.
Apple posted a quarterly revenue of $58 billion for Q2 2019, which is down 5 percent year-over-year. Operating income for the quarter finished at $13.4 billion, while Apple's net income for Q2 2019 was $11.6 billion, which is down from $13.8 billion in the year-ago quarter.
Looking at specific product lines, Apple says that the iPhone brought in $31.1 billion in revenue, down from $37.6 billion in Q2 2018. Mac revenue fell, too, finishing at $5.5 billion for the quarter, but iPad revenue grew YoY to finish at $4.9 billion. Apple says that this is its strongest iPad growth in six years.
As a reminder, Apple is no longer reporting unit sales of the iPhone, iPad, or Mac, so we don't know exactly how many devices the company sold in the previous quarter.
Apple's Wearables, Home, and Accessories category saw a substantial growth this quarter, finishing at $5.1 billion. That's up from $3.9 billion in Q2 2018. Apple's Services division set an all-time record for revenue, going from $9.9 billion in Q2 2018 to $11.5 billion in Q2 2019. The Services category includes digital content and services, Apple Care, Apple Pay, and more.
Also confirmed today is that Apple's installed base has surpassed 1.4 billion active devices.
As a reminder, Apple is no longer reporting unit sales of the iPhone, iPad, or Mac, so we don't know exactly how many devices the company sold in the previous quarter.
