Apple posts best-ever third-quarter earnings on sales of more expensive iPhone X

Apple’s earnings for the most recent quarter reveal that the company is doing better than ever. Not only did it meet expectations, but it exceeded them too — and things are only likely to get better for Apple as it heads into another iPhone refresh cycle.

Generally speaking, the quarter ending June 30 is the slowest for Apple, at least when it comes to sales of the iPhone and Apple Watch. It’s right at the end of an iPhone’s lifetime — and right before a new set of iPhones take over. This year, however, Apple posted its strongest ever third-quarter earnings, beating expectations.

Apple also said during its earnings call that it expected revenue next quarter to be between $60 billion and $62 billion, which is again ahead of expectations from Wall Street — which come in at $59.47 billion. Meeting that estimate would put represent a hefty 15 percent increase over the same quarter last year.

In terms of units, Apple sold about as many iPhones as it did during the same quarter last year — 41.3 million. The difference this quarter, however, is that the average selling price of those iPhones was quite a bit higher, thanks to the more expensive iPhone X, which starts at $1,ooo.

Apple is also doing excellent in the wearables market. During the call, the company boasted about 60 percent growth in wearables, a segment that includes the Apple Watch, AirPods, and Beats headphones. It’s likely that segment will continue to grow — the Apple Watch is growing in popularity and AirPods have become a hit, too.

Apple is also growing its “services” category, which includes things like Apple Music, Apple Pay, Apple Care, iCloud, iTunes, and so on. Apple posted a hefty $9.55 billion in revenue for this category, which is up a hefty 28 percent from the same quarter a year ago. That segment also beat out Wall Street estimates, which came in at $9.21 billion. According to Apple, the boosted revenue is due to high Apple Pay usage, and an increase in paid subscribers through the App Store.

“Apple Pay continues to expand with well over 1 billion transactions last quarter, triple the amount from just a year ago, with growth accelerating from the March quarter,” said Apple CEO Tim Cook during the earnings call.


Apple's AirPower charging pad may cost $150, sport 22 wireless charging coils

At its September event last year, Apple unveiled the AirPower -- its new wireless charging mat that will allow you to charge multiple devices at one time. It has not yer been released. Here's everything we know about the device so far.

Score some Mac hardware on the cheap during Best Buy’s Apple sale

If you're in the mood for some Cupertino gear but don't want to wait until Black Friday, then you're in luck: Best Buy is slashing prices during its limited-time Apple sale. Find deals that can save you as much as $300 on everything from…

Apple may add Apple Pencil support for its 2018 iPhones

Apple's 2018 iPhone range is still a mystery. How many models will launch? What will they be called, and how big will the screens be? Here are all the rumors and everything we know so far.

Samsung Galaxy Note 9 vs. Apple iPhone X: Battle of the ultra-premium smartphones

The new Samsung Galaxy Note 9 is the company's latest ultra-premium smartphone. The device boasts top-tier specs, an excellent design, and more. But can it take out the Apple iPhone X, Apple's own ultra-premium device?

Want to watch Netflix in bed or browse the web? We have a tablet for everyone

There’s so much choice when shopping for a new tablet that it can be hard to pick the right one. From iPads to Android, these are our picks for the best tablets you can buy right now whatever your budget.

Need a new tablet? Check out the best iPad deals for August 2018

In the wide world of tablets, Apple is still the king. If you're on team Apple and just can't live without iOS, we've curated an up-to-date list of all of the best iPad deals currently available for July 2018.

Knoxville ranks No. 1 in mobile performance among U.S. metro areas, study says

According to RootMetrics' most recent network performance test, Knoxville, Tennesee, takes the overall number one spot for mobile performance out of the 125 major metropolitan areas tested. Each area was ranked in six categories.

No home button, no problem: Here's how to take a screenshot on an iPhone X

Since the iPhone X has ditched Touch ID in exchange for Face ID, the process of taking screenshots is a little different. Here, we show you how to take a screenshot on an iPhone X.

Apple Car may make its debut in the middle of the next decade

Apple likely won't become a full-fledged manufacturer like General Motors or Ford, but the tech giant is diving into the auto industry pool. Here's everything we know about the company's automotive efforts.

T-Mobile attempts to reinvent customer service with its new ‘Team of Experts’

In an attempt to reinvent how it approaches customer care, T-Mobile announced its Team of Experts. Whenever a customer contacts T-Mobile, they're given direct access to the same team members each time without being put on hold or…

Apple considers making its own health-monitoring processors

Apple could be looking at making its own dedicated health tracking processors. These chips are dedicated to health-monitoring features on wearables, and could mean more health tracking features on the next Apple Watch.

T-Mobile partners with Live Nation, Pandora to offer customers more perks

T-Mobile made a few other announcements today: Not only has the carrier partnered up with Live Nation to provide offers, but customers will also be getting a free year of Pandora Plus.

Save hundreds with the best MacBook deals for August 2018

If you’re in the market for a new Apple laptop, let us make your work a little easier: We hunted down the best up-to-date MacBook deals available online right now from various retailers.

A dead pixel doesn't mean a dead display. Here's how to repair it

Dead pixel got you down? We don't blame you. Check out our guide on how to fix a dead pixel and save yourself that costly screen replacement, or an unwanted trip to your local repair shop.