Apple Q2 / 2020: $ 58.3 billion in revenue, record high in services

Apple Q2 / 2020: $ 58.3 billion in revenue, record high in services

Duy Luân

Apple just announced that in the second quarter of its 2020 fiscal year, it achieved $ 58.3 billion in revenue, an increase of 1% over the previous year, and a profit of $ 11.2 billion, down 2.6% from the same period. last year. This quarter has a special feature that is true in the season of COVID-19 outbreak, so the above gift can be considered as temporary. The bright spot is Apple's service segment, such as Apple News +, Apple Arcade, Apple TV + ..., recorded a record high revenue of 13.3 billion USD, up 15% compared to last year and currently accounting for 22% of all Apple revenues in the quarter.

In terms of hardware, Apple's revenue declined both iPhone and Mac, only AirPods and Apple Watch grew and the whole segment brought the company $ 6.28 billion.

Tim Cook added that Apple News now has 125 million users, and iMessage as well as FaceTime had the highest number of users in the quarter. It is not difficult to understand that when social deviation is applied in many countries, the convenient way of contact of Apple users is iMessage, FaceTime.

The CEO also said that Apple employees will not return to work at their Cupertino headquarters until at least June. The company is currently designing some solutions so that employees can return to work safely. and continue to ensure social spacing.