Apple announced its Q1 2020 results on 28 January 2020. The company generated its highest-ever quarterly revenue and net income, led by robust sales of the iPhone 11 and iPhone 11 Pro models. Key highlights include:
- Q1 FY2020 revenue of USD 91.8 billion, an increase of 9% compared to Q1 FY 2019
- Earnings per diluted share for the quarter stood at USD 4.99, an increase of 19% year-on-year
- Net income was reported at USD 22.2 billion, up from US$20.0 billion
- The Company generated an operating cash flow of US$ 30.5 billion
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There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.
