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Final Cut Pro X introduces third-party workflow extensions

Final Cut Pro X introduces third-party workflow extensions
Update Brings Extensions from Frame.io, Shutterstock and CatDV, Plus Other Features Including Batch Sharing, Video Noise Reduction and Comparison Viewer
The latest update to Final Cut Pro X, available today on the Mac App Store, introduces workflow extensions that enable professional video editors to use third-party apps and services directly within the editing interface.

Workflow extensions match the look of Final Cut Pro and integrate tightly into the app, allowing editors to drag media into Final Cut Pro libraries, sync playback between extensions and timeline, add clip markers and more. These extensions make it easy to use popular tools that enhance post-production including review and approval with Frame.io, stock footage browsing and purchasing with Shutterstock and media asset management with CatDV. Workflow extensions can be downloaded free from the Mac App Store starting today. Additional third-party extensions for Final Cut Pro will be available on an ongoing basis.

The new version of Final Cut Pro also includes a number of features that are highly requested from pro video editors. Batch sharing allows a user to export multiple clips or projects in one step and is especially useful when transcoding dailies on set for quick turnaround or delivering multiple versions of a project. A new Comparison Viewer window lets editors view reference images while color grading to ensure a consistent look across their project.

A new floating timecode window makes it easy for video editors and others in the editing room to follow along by displaying color-coded clip names, roles, project timecode and source timecode in a customizable, resizable display. High-quality video noise reduction minimizes artifacts in low light or archival footage. Editors can now create and deliver closed captions in SRT format or choose to burn them into their video for compatibility with a wide range of video websites. And improved marquee selection makes it quick to select individual clips or the entire secondary storyline which saves valuable time for common edit operations.

Motion, the powerful motion graphics companion to Final Cut Pro, also gets an update today that adds a comprehensive set of color grading tools including color wheels, color curves, hue/saturation curves and custom LUTs. These tools match the professional color correction features found in Final Cut Pro and can now be used in Motion to fine-tune the look of titles and motion graphics. New filters in Motion include a customizable comic effect that instantly turns any image or video into a color or monochrome comic book illustration. And the new tiny planet filter lets motion graphics artists transform 360-degree video into beautiful spherical animations that can be keyframed to change over time.

Compressor, the advanced encoding companion to Final Cut Pro, moves to a new 64-bit engine that takes advantage of all the memory in a user’s Mac for improved performance when encoding high resolution, high frame rate video. Compressor maintains support for 32-bit codecs, so editors can continue to work with key legacy formats. And the app now supports SRT closed captions, which is an important format for delivering captioned video to the web and international markets.

Pricing and Availability

Final Cut Pro 10.4.4, Motion 5.4.2 and Compressor 4.4.2 will be available on the Mac App Store as free updates for existing users. New users can purchase the apps for $299.99, $49.99 and $49.99, respectively. Education customers can purchase the Pro Apps Bundle for Education for $199.99, which includes all three pro video apps plus Logic Pro X and MainStage. For more information, visit apple.com/final-cut-pro.

Press Contacts
Starlayne Meza,Apple, starlayne_meza@apple.com ,(408) 974-3391
Apple Media Helpline,media.help@apple.com,(408) 974-2042

Source: Final Cut Pro X introduces third-party workflow extensions

Shot on iPhone XR: Users share portraits, landscapes and more

Shot on iPhone XR: Users share portraits, landscapes and more
Photographers around the world are capturing stunning images with iPhone XR, the newest member of the iPhone family. iPhone XR features an Apple-designed, state-of-the-art camera system that enables Portrait mode from a single lens, offering a sophisticated bokeh effect. Portraits look great on the wide-angle lens, even in lower lighting conditions.
iPhone XR’s edge-to-edge 6.1-inch Liquid Retina display makes for a great viewfinder, and Smart HDR brings better highlight and shadow detail across photos. With the longest battery life in an iPhone ever, iPhone XR will be ready to snap that perfect shot.
For tips and techniques to help capture great photos and videos on iPhone, visit apple.com/iphone/photography-how-to.

Press Contacts
Andrew Kelly,Apple,andrewkelly@apple.com,(669) 283-1423
Fana Yohannes,Apple,fyohannes@apple.com,(408) 974-2246
Apple Media Helpline,media.help@apple.com,(408) 974-2042

Source: Shot on iPhone XR: Users share portraits, landscapes and more

Apple Champs-Élysées to open on famed Parisian avenue this Sunday

Apple Champs-Élysées to open on famed Parisian avenue this Sunday
Paris — Apple today announced its latest retail location, Apple Champs-Élysées, paying tribute to Paris’s rich history and creativity. Housed in a Haussmann-era apartment building, the inner courtyard has been transformed into Apple’s grandest Forum, dedicated to free Today at Apple sessions.

Apple offers more than 18,000 Today at Apple sessions around the world every week, focused on creative passions like photography, music, coding and design. In the first week, Apple Champs-Élysées will host sessions with popular musicians, filmmakers, animators and more.

“The energy in Paris is electric and it will be one of our premier cities for Today at Apple,” said Angela Ahrendts, Apple’s senior vice president of Retail. “I hope that everyone who visits Apple Champs-Élysées will be inspired to unlock their creative curiosity and learn something new.”

A careful blend of historic and modern architecture, the store design honors the building’s past while introducing modern spaces. The facade and entryway have been meticulously restored and the Burgundy stone of the exterior has been carried throughout the building. French oak parquet floors line the upper levels, which aim to revive the building’s original spirit by restoring the detailing and interconnected spaces of the quintessential Parisian apartment.

“Working within a historic Parisian building is a great responsibility and a phenomenal opportunity,” said Jony Ive, Apple’s chief design officer. “Our first priority was to honor the history of the building, while thoughtfully updating it to create spaces both grand and intimate. The carefully interweaving layers are warm and light filled, celebrating the timeless spirit of the city.”

Several of the design features also serve an environmental purpose. A sculptural roof light covers the courtyard, providing sunlight to the space below and generating renewable energy with integrated photovoltaic panels. An integrated rainwater collection system provides water for the bathrooms, trees and green walls. Like all of Apple’s facilities, Apple Champs-Élysées is powered by 100 percent renewable energy.

More than 330 employees, including over 100 new hires, will welcome customers when the store opens Sunday. The group represents 15 nationalities and speaks 17 languages, with more than 200 employees joining from other Apple stores in Paris and around the world. Apple Champs-Élysées opens Sunday at 12 p.m.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

Press Contacts
Nick Leahy,Apple, nleahy@apple.com, (408) 862-5012
Abby Reisinger,Apple,areisinger@apple.com,(669) 227-3527
Apple Media Helpline,media.help@apple.com,(408) 974-2042

Source: Apple Champs-Élysées to open on famed Parisian avenue this Sunday

Apple Iconsiam opens in Bangkok

Apple Iconsiam opens in Bangkok
Apple Iconsiam opened this morning in Bangkok, where thousands of customers gathered to experience Apple’s latest retail design for the first time in Thailand.

Press Contacts
Nick Leahy,Apple, nleahy@apple.com, (408) 862-5012
Abby Reisinger,Apple,areisinger@apple.com,(669) 227-3527
Apple Media Helpline,media.help@apple.com,(408) 974-2042

Source: Apple Iconsiam opens in Bangkok

Blind veteran catches second wave with a surfboard and iPhone

Blind veteran catches second wave with a surfboard and iPhone
Scott Leason is an early riser. By 5:30 a.m., he’s checked his email, social media, the news and the weather. He’s reviewed the day’s surf reports via the Surfline app on his new iPhone XR, prepping for the day’s ride. Before the sun rises on this particular Friday, he’s geared up and ready to go for his session at Mission Bay Aquatic Center in San Diego where he’ll surf Mission Beach.
And he experiences it all without seeing it. Leason is blind.
A veteran of the US Navy, he was one of several visual communications experts — or “signal men” as they were called — stationed on the USS Tripoli amphibious ship, signaling vessel to vessel through flashing lights, Morse code and semaphore. After seven years of service, Leason was blinded when a robber’s bullet cost him both his eyes on July 4th, 1993. In 2009, after learning his new “normal” over several years, Leason received a computer and technology training from the US Department of Veterans Affairs’ Blind Rehabilitation Center that would be pivotal in his journey to living independently.

Accessible mobile computer technology was still nascent, but Apple’s iOS was quickly becoming a user favorite. In 2012, Leason received his first iPhone — the iPhone 5 — and training from Sarah T. Majidzadeh, assistant chief of Blind Rehabilitation at the Tibor Rubin VA Medical Center in Long Beach. “It’s a lot easier to navigate with the phone,” Leason says. “I think a lot of the visually impaired prefer the iPhone because they can do everything on it. And VoiceOver works pretty darn good.”

Leason is just one of many individuals who are blind or low vision who rely on VoiceOver to navigate daily tasks. In fact, more people in the blind community now use VoiceOver than any other mobile screen-reading software combined. Roughly 70 percent of the vets that have come through the VA’s 13 blind rehabilitation centers are provided with iOS devices and accessibility training. “These tools are leveling the playing field,” Majidzadeh says.

But Leason is no tech guru. Yes, he wears an Apple Watch to track his vigorous workouts at home and in the water. But he prefers to keep things simple and have all of his devices streamlined, something iPhone has done for both sighted and blind individuals. “Tomorrow I’ll be able to start my surfing workout,” he says. “It’ll be interesting to see what kind of calories I burn out there.”

He is also a serious athlete with a serious competitive drive. He wants to win, and a few times, he has: Leason was the first blind champion at the USA Adaptive Surfing Championships at Oceanside Harbor North Jetty in June 2016. The same year he won second place in men’s tricks at the USA Water Ski competition in Harmony, North Carolina. This year alone he competed in seven competitions in four different sports.
“When he showed me all the stuff he could do with [his iPhone], it just blew my mind that he had learned how to interact with it to get all of that out of it.”
Though Leason has been working with the Mission Bay Aquatic Center for 10 years, surfing is only a recent endeavor, an attempt to revisit a childhood pastime from growing up in Corona del Mar. Over the years, with support from the Challenged Athletes Foundation’s Operation Rebound program for vets, Leason and the Center have adapted, learned and grown as he conquers new feats in the water.

Paul Lang, instructional coordinator at the Mission Bay Aquatic Center, remembers some of the stumbling blocks in the early days they’ve since overcome. “When he water skis and wakeboards with us, usually we can communicate to the rider that the boat’s about to turn,” he explains. “Scott doesn’t have any of those cues so we had to come up with systems like, when we’re going to drop him off at the beach, we reach up and shake the line so he feels the line shaking and that’s our cue to him that we’re coming in. Those little things … we run into a roadblock, we figure it out with Scott, and come up with systems that work well so that everybody can do this.”

Lang, who has worked with Leason since before he received his first iPhone, is often blown away by his ability to adapt in and out of the water.

“The first time he got an iPhone and learned how to use VoiceOver, I asked him to show it to me because you just see him tapping the screen and to me it made no sense what he was doing cause it’s just like this flurry of tapping and these words coming out of the phone really really fast,” Lang says. “And when he showed me all the stuff he could do with it, it just blew my mind that he had learned how to interact with it to get all of that out of it. … He’s no different than anybody else. He’s just sitting in the corner over there getting caught up on his phone or listening to music, reading, and sending text messages.”

“It’s amazing how long ago 10 years feels in the world of technology,” says Kevin Waldick, assistant director at the Mission Bay Aquatic Center. “He was not very technologically savvy at all, but when he got his iPhone he was like ‘I can just do it. This is amazing.’ And so Apple does a really amazing job of making that accessible. These sports are accessible just like technology’s accessible. That’s been huge for him.”

As 2018 comes to an end, Leason has one month of wakeboarding and surfing until he and the Center take a break for the holidays. “When I’m at the end of a line behind a boat just like anybody else, I forget I’m blind,” he says. “And then when I come into the beach and there’s people around Snickers and I go yeah that’s my seeing eye dog and I got a board in my hand and they go, ‘you’re blind?’ That’s a cool feeling.

“The water sports are therapeutic but also I think it’s more of my identity and who I am, and who I grew up to be,” he says.

Back on land, Leason enjoys a spicy lunch while reliving the day’s waves. He’s wiped, but he still has a two-hour workout planned for later in the day. And with Snickers by his side, he’ll keep going. He’ll make a fundraising push on his GoFundMe page, he’ll plan out his competitions and activities for 2019. He’ll continue living life on his own terms. “I’m independent,” he says. “That’s the best way to describe the iPhone: independence.”

Press Contacts
Colin Johnson,Apple, colin_johnson@apple.com ,(408) 974-6284
Apple Media Helpline,media.help@apple.com,(408) 974-2042

Source: Blind veteran catches second wave with a surfboard and iPhone

Apple opens first store in Thailand Saturday

Apple opens first store in Thailand Saturday
Bangkok — Apple Iconsiam will open Saturday in Bangkok on the shores of the Chao Phraya, welcoming both locals and visitors to experience the best of Apple in Thailand for the first time. The store will feature Apple’s full line of products including iPhone XS, iPhone XR and Apple Watch Series 4, and will invite visitors to pursue their creative passions with free Today at Apple sessions.
“Bangkok is a cultural and economic destination for the entire region and home to millions of passionate Apple customers,” said Angela Ahrendts, Apple’s senior vice president of Retail. “We are thrilled to introduce our Thai customers to Today at Apple, our full line of products, our phenomenal employees, and the service and support that are loved by customers around the world.”
Elevated above the “River of Kings” in the heart of Bangkok, Apple Iconsiam sits alongside storied sites and cultural landmarks. Seamlessly connecting the new mixed-use ICONSIAM Center to an outdoor roof terrace, the store’s clean, trapezoidal design lines and glass surfaces accentuate the natural beauty of its surroundings while creating an open, airy atmosphere effacing boundaries between interior and exterior.

Apple Iconsiam features two expansive glass facades that create transparency through the store to the river, city and beyond. As customers walk in through a sweeping curve stone entry, their journey continues to the lush roof garden, where they can admire local art, participate in a Today at Apple photo or sketch walk, or simply enjoy iconic views of Bangkok.

Inside the store, a spacious Forum offers all of Apple’s free Today at Apple sessions, which inspire visitors to connect with one another, discover a new passion or take their skills to the next level. These hands-on sessions, led by Creative Pros, offer tools for all to explore their creative curiosity and learn to make the most of Apple products and services.

Along the store’s Avenues, visitors can try out the latest Apple products elegantly displayed for maximum convenience and accessibility. A tree-lined Genius Grove mirrors the flora of the outdoor terrace and provides the setting for Apple’s Geniuses to offer personalized technical support and advice.

More than 100 employees are ready to welcome customers on Saturday at 10 a.m. To sign up for Today at Apple sessions, visit apple.com/today.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

Press Contacts
Nick Leahy,Apple, nleahy@apple.com, (408) 862-5012
Abby Reisinger,Apple,areisinger@apple.com,(669) 227-3527
Apple Media Helpline,media.help@apple.com,(408) 974-2042

Source: Apple opens first store in Thailand Saturday

Clips Gets New Selfie Scenes, Stickers, Soundtracks and More

Clips gets new Selfie Scenes, Stickers, Soundtracks and more
Today the Clips app, a free app for iOS that makes it easy to create and share fun videos using iPhone or iPad, gets a new update that includes more great content for video creation.

The new version of Clips adds six Selfie Scenes, which are 360-degree backgrounds that transport users into different worlds when taking selfie photos and videos. Selfie Scenes use the TrueDepth camera system on iPhone and the new iPad Pro to allow users to record themselves against immersive, animated backdrops including a beautiful rainforest, a mad scientist’s lab and even an action-packed scene from Disney Pixar’s Incredibles 2.

Selfie Scenes tap into the power of the Neural Engine on the A12 Bionic chip to deliver incredible portrait segmentation during preview and recording — so users blend seamlessly into a variety of landscapes. 

Clips also gets three new filters including a black-and-white comic book, monochrome watercolor painting and aged film. New posters let users create great-looking title cards for their videos with themes like science, sports and silent movie, as well as animated posters from Disney Pixar’s Incredibles 2 and Coco. New stickers and text labels let users add emphasis and fun annotations to videos. And 17 new royalty-free soundtracks feature music to complement new Selfie Scenes, plus fun vintage-inspired tracks that automatically adjust to match the length of any video.

Clips 2.0.5 is available today as a free update on the App Store and is compatible with iPhone 5s, iPad Air and iPad mini 2 and later models running iOS 11.1 and later. Style transfer effects require iPhone 7 or 2017 iPad Pro and later. Selfie Scenes require iPhone or iPad Pro with TrueDepth camera.

Press Contacts
Starlayne Meza,Apple, starlayne_meza@apple.com ,(408) 974-3391
Bill Evans,Apple,bevans@apple.com,(408) 974-0610
Apple Media Helpline,media.help@apple.com,(408) 974-2042

Source: Clips Gets New Selfie Scenes, Stickers, Soundtracks and More

MacBook Air and Mac mini: The reviews are in

MacBook Air and Mac mini:
The reviews are in
Reviewers from across the globe are sharing their reactions to the new MacBook Air and Mac mini. Here’s what they are saying about the Retina display, Touch ID, Force Touch trackpad and more portable design of MacBook Air and the powerful performance and all-flash storage of Mac mini:

MacBook Air

CNBC

“[The new MacBook Air] gives consumers almost everything they loved about earlier MacBook Airs, but with a beautiful new display and improved performance.”

Gear Patrol

“It’s essentially now the perfect computer for anyone looking for a macOS laptop for ‘normal’ things, like browsing the web, drafting documents, answering emails, watching movies or even occasional work in Adobe’s creative suite.”

Refinery29

“In addition to the hardware, the MacBook Air works beautifully with the new macOS Mojave, only enhancing its featured capabilities like Group FaceTime, which I tried and, unsurprisingly, looked really sharp on the Retina display. It also looks really good with Mojave’s new Dark Mode, which uses a dark color scheme instead of the traditional light scheme and reduces glare, eye fatigue, and contrast. The battery life is no joke either — and can support up to 12 hours of continued use.”

WIRED

“Apple has heard the calls for a newer, better MacBook Air, and it has answered.”

Daring Fireball

“The new Air is exactly that: the MacBook most people should buy, and exactly the MacBook everyone has been asking Apple to make.”

Daily Express (UK)

“This hugely popular Mac has been brought back to life with a stunning new lightweight design, improved Retina screen and added extras such as Touch ID and Apple’s Force Touch trackpad. Fans of this laptop are going to love this update as it takes the concept of power and ultimate portability to a whole new level.”

beckermanblog (Canada)

FASHION (Canada)

“For the first time, the Air’s enclosure is made from a custom, Apple-designed aluminum alloy that enables the use of 100% recycled aluminum. Any innovation that reduces waste is a good thing.”

Mac mini

PCMag

“Apple’s iconic Mac mini compact desktop delivers more core-processing, storage, and memory potential than ever, in a polished box brimming with cutting-edge connectivity.”

Six Colors

“This new Mac mini is exactly what it needs to be. Today the Mac mini is about flexibility and filling niches. This update allows it to span a wide range from basic server needs all the way up to high-end applications that require a great deal of processor power, fast storage, ultra-fast networking, and even beyond (via Thunderbolt 3).”

Tom’s Guide

“If you want a compact Mac desktop, a great mini PC for streaming media, or even just an affordable way to jump to the Apple side of the computing world, the Mac mini 2018 is a fantastic choice, boasting great performance, excellent design and great value.”

ZDNet

“Between the number of ports, the types of accessories those ports allow for, and the customization options, the Mac mini is a computer that’s no longer serving a niche market. It’s designed for all types of users, whether you want to use it as a server in your home, and set up more than one Mini as a set of servers to offload video encoding and code compiling.”

MobileSyrup (Canada)

“Any way you look at the new Mac mini and regardless of configuration, the latest version of the tiny desktop computer is significantly more powerful than its predecessor.”

Customers can order MacBook Air and Mac mini on apple.com and in the Apple Store app. MacBook Air and Mac mini will be available starting Wednesday, November 7, from apple.com, in the Apple Store app and Apple retail stores, and are also available through Apple Authorized Resellers.

Press Contacts
Jennie Orphanopoulos,Apple, jennieo@apple.com,(408) 221-6621
Bill Evans,Apple,bevans@apple.com,(408) 974-0610
Apple Media Helpline,media.help@apple.com,(408) 974-2042

Source: MacBook Air and Mac mini: The reviews are in

iPad Pro: The reviews are in

iPad Pro: The reviews are in
Reviewers around the world are weighing in on the all-new iPad Pro. From its edge-to-edge Liquid Retina display, to the powerful A12X Bionic chip, Face ID, new Smart Keyboard Folio and second-generation Apple Pencil, here are some impressions of iPad Pro from reviewers and the creative community:

WIRED
“By every measure I can think of, these are the best, most powerful, most capable iPads I’ve ever used. They put other tablets to shame.”

Laptop
“The 12.9-inch iPad Pro…is the most powerful mobile device ever made. The A12X Bionic processor in this slate runs circles around even Core i7-powered laptops on certain tasks, and yet the device weighs just 1.4 pounds.”

Mashable
“It’s such an intimate creation process that it made me realize that Apple’s not merely trying to change my or your old habits. Apple’s not trying to make the iPad Pro a laptop replacement because the device isn’t one. It’s trying to do something bigger: invent a new way of creating for a new generation that is not bound to the old computing laws of clicking a mouse.”

Daring Fireball
“The new Apple Pencil is one of the best ‘2.0‘ products I’ve ever seen. The original Apple Pencil is a terrific product, but the new one nears perfection for the concept.”

Resource
“The mobile workflow was seamless and both the hardware and software were incredibly powerful.”

The Independent (UK)
“The new iPad Pro is a huge upgrade from previous models, and is easily Apple’s most accomplished and attractive tablet yet. Its speed and versatility are remarkable, arguably more than many will need, but for creatives especially, it’s going to become the tablet of choice.”

Pocket-Lint (UK)
“Apple has produced an iPad that we suspect many pro users will want — and not just because of the increase in screen size or the thinner design. There is so much here that blurs the lines when it comes to working on the go that it will pique the interest of those who have started to question whether they still need a laptop.”

CityNews (Canada)
“Apple’s latest iPad Pro is truly beautiful. It’s hard not to be wowed when you first pick it up. And that wow factor continues as you begin to discover what it’s capable of doing. It’s a powerhouse and without a doubt my favourite iPad to date.”

HardwareZone Singapore
“The idea of using an iPad for all your computing needs is very attractive and I think the newest iPad Pro comes even closer to enabling that dream. It is super portable and its performance is off the charts.”

Catherine Madden, information designer and artist

Narinder Sagoo, architect and designer

Pokras Lampas, artist

Customers can order the new 11-inch and 12.9-inch iPad Pro on apple.com and in the Apple Store app. The new 11-inch and 12.9-inch iPad Pro and new Apple Pencil and Smart Keyboard Folio will be available starting Wednesday, November 7, from apple.com, the Apple Store app and Apple Store locations.

Press Contacts
Andy Bowman,Apple,abowman@apple.com ,(408) 783-0619
Hannah Wong-Silva,Apple,hannahw@apple.com,(408) 974-7077
Apple Media Helpline,media.help@apple.com,(408) 974-2042

Source: iPad Pro: The reviews are in

Apple Reports Fourth Quarter Results

Apple Reports Fourth Quarter Results
Revenue Up 20 Percent and EPS Up 41 Percent to New September Quarter Records
Services Revenue of $10 Billion Reaches New All-Time High
CUPERTINO, California — November 1, 2018 — Apple today announced financial results for its fiscal 2018 fourth quarter ended September 29, 2018. The Company posted quarterly revenue of $62.9 billion, an increase of 20 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.91, up 41 percent. International sales accounted for 61 percent of the quarter’s revenue.

Services revenue reached an all-time high of $10 billion. Excluding a one-time favorable adjustment of $640 million recognized in the fourth quarter of fiscal 2017, Services revenue grew from $7.9 billion in the fourth quarter of fiscal 2017 to $10 billion in the fourth quarter of fiscal 2018, an increase of 27 percent.

“We’re thrilled to report another record-breaking quarter that caps a tremendous fiscal 2018, the year in which we shipped our 2 billionth iOS device, celebrated the 10th anniversary of the App Store and achieved the strongest revenue and earnings in Apple’s history,” said Tim Cook, Apple’s CEO. “Over the past two months, we’ve delivered huge advancements for our customers through new versions of iPhone, Apple Watch, iPad and Mac as well as our four operating systems, and we enter the holiday season with our strongest lineup of products and services ever.”

“We concluded a record year with our best September quarter ever, growing double digits in every geographic segment. We set September quarter revenue records for iPhone and Wearables and all-time quarterly records for Services and Mac,” said Luca Maestri, Apple’s CFO. “We generated $19.5 billion in operating cash flow and returned over $23 billion to shareholders in dividends and share repurchases in the September quarter, bringing total capital returned in fiscal 2018 to almost $90 billion.”

 

Apple is providing the following guidance for its fiscal 2019 first quarter:

  • revenue between $89 billion and $93 billion
  • gross margin between 38 percent and 38.5 percent
  • operating expenses between $8.7 billion and $8.8 billion
  • other income/(expense) of $300 million
  • tax rate of approximately 16.5 percent before discrete items

Apple’s board of directors has declared a cash dividend of $0.73 per share of the Company’s common stock. The dividend is payable on November 15, 2018 to shareholders of record as of the close of business on November 12, 2018.

Apple will provide live streaming of its Q4 2018 financial results conference call beginning at 2:00 p.m. PDT on November 1, 2018 at www.apple.com/investor/earnings-call/. This webcast will also be available for replay for approximately two weeks thereafter.

Apple periodically provides information for investors on its corporate website, apple.com, and its investors relations website, investor.apple.com. This includes press releases and other information about financial performance, reports filed or furnished with the SEC, information on corporate governance and details related to its annual meeting of shareholders.

This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about the Company’s estimated revenue, gross margin, operating expenses, other income/(expense), tax rate, and plans for return of capital. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation: the effect of global and regional economic conditions on the Company’s business, including effects on purchasing decisions by consumers and businesses; the ability of the Company to compete in markets that are highly competitive and subject to rapid technological change; the ability of the Company to manage frequent introductions and transitions of products and services, including delivering to the marketplace, and stimulating customer demand for, new products, services and technological innovations on a timely basis; the effect that shifts in the mix of products and services and in the geographic, currency or channel mix, component cost increases, price competition, or the introduction of new products, including new products with higher cost structures, could have on the Company’s gross margin; the dependency of the Company on the performance of distributors of the Company’s products, including cellular network carriers and other resellers; the inventory and other asset risks associated with the Company’s need to order, or commit to order, product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components, services and new technologies essential to the Company’s business, including components and technologies that may only be available from single or limited sources; the dependency of the Company on manufacturing and logistics services provided by third parties, many of which are located outside of the US and which may affect the quality, quantity or cost of products manufactured or services rendered to the Company; the effect of product and services design and manufacturing defects on the Company’s financial performance and reputation; the dependency of the Company on third-party intellectual property and digital content, which may not be available to the Company on commercially reasonable terms or at all; the dependency of the Company on support from third-party software developers to develop and maintain software applications and services for the Company’s products; the impact of unfavorable legal proceedings, such as a potential finding that the Company has infringed on the intellectual property rights of others; the impact of changes to laws and regulations that affect the Company’s activities, including the Company’s ability to offer products or services to customers in different regions; the ability of the Company to manage risks associated with its international activities, including complying with laws and regulations affecting the Company’s international operations; the ability of the Company to manage risks associated with the Company’s retail stores; the ability of the Company to manage risks associated with the Company’s investments in new business strategies and acquisitions; the impact on the Company’s business and reputation from information technology system failures, network disruptions or losses or unauthorized access to, or release of, confidential information; the ability of the Company to comply with laws and regulations regarding data protection; the continued service and availability of key executives and employees; political events, international trade disputes, war, terrorism, natural disasters, public health issues, and other business interruptions that could disrupt supply or delivery of, or demand for, the Company’s products; financial risks, including risks relating to currency fluctuations, credit risks and fluctuations in the market value of the Company’s investment portfolio; and changes in tax rates and exposure to additional tax liabilities. More information on these risks and other potential factors that could affect the Company’s financial results is included in the Company’s filings with the SEC, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.

Press Contact
Kristin Huguet,Apple,khuguet@apple.com,(408) 974-2414
Investor Relations Contacts
Nancy Paxton,Apple,paxton1@apple.com,(408) 974-5420
Matt Blake,Apple,mattblake@apple.com,(408) 974-7406
© 2018 Apple Inc. All rights reserved. Apple and the Apple logo are trademarks of Apple Inc. Other company and product names may be trademarks of their respective owners.

Source: Apple Reports Fourth Quarter Results

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