This is when the Mac OS Ken.

If I look at Apple's earnings report. It is Wednesday the 30th of January 2019.

I'm Ken Ray and this is news from Maco-S-Can. Ken brought to you by yours truly and sponsored by

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Apple CEO of

Lucaestry held court on a call on Wednesday,

reporting earnings for the first quarter of Apple's fiscal year 2019.

Let's dive in, shall we? We knew going in that revenue was going to miss and it did.

The company posted quarterly revenue of 84.3 billion dollars down 5% from the same quarter a year ago.

Despite that drop, Apple CFO Luca Mayestry said the company set December quarter revenue records in the US, Canada, Latin America, Western Europe,

Central and Eastern Europe, and Korea.

Results were especially strong here in the states, where revenue was up more than 1.5 billion dollars

versus the same quarter a year earlier. For the first time ever Apple broke out

gross margins between products in aggregate and services in aggregate.

For products, Apple's gross margin was 34.3% while gross margin for services was 62.8% and boy does that make the services story sound good.

Earnings per share came in at $4.18 cents that was up 7.5% versus the same quarter a year ago, setting another all-time record for

Apple.

Now a lot of virtual ink has been spilled over Apple's fortunes in China over the past month. While Apple CEO Tim

Cook didn't shy away from the troubles, he did accentuate several positives

...