Apple reports $64 billion fourth quarter revenue

Apple on Wednesday reported revenue of $64 billion for the company’s fiscal fourth quarter. This represent an increase of two percent over the year ago quarter and the highest fourth quarter revenue ever for the company.

“We concluded a groundbreaking fiscal 2019 with our highest Q4 revenue ever, fueled by accelerating growth from Services, Wearables and iPad,” said Tim Cook, Apple’s CEO. “With customers and reviewers raving about the new generation of iPhones, today’s debut of new, noise-cancelling AirPods Pro, the hotly-anticipated arrival of Apple TV+ just two days away, and our best lineup of products and services ever, we’re very optimistic about what the holiday quarter has in store.”

Apple reported iPhone revenue of $33.3 billion down from $36.7 billion in the year-ago quarter; $6.9 billion in Mac sales, down from $7.3 billion a year ago; $4.6 billion for iPad, up from the $3.9 billion a year ago; $6.5 billion for wearables and accessories, up $4.2 billion; and $12.5 billion in services, up from $10.5 a year ago.

International sales accounted for 60 percent of the quarter’s revenue, according to Apple.