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Author Topic: Apple announces record quarter with Q1 2017 revenue of $78.4 billion: 78.3m iPhones, 13m iPads, 5.3m Macs  (Read 352 times)
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« on: February 01, 2017, 04:05:20 pm »

Apple announces record quarter with Q1 2017 revenue of $78.4 billion: 78.3m iPhones, 13m iPads, 5.3m Macs

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<p>Apple has announced holiday quarter results including $78.4b in revenue and $17.89 billion in profit from 78.3m iPhones, 13m iPads, and 5.3m Macs sold. In addition to holiday sales, Apple’s first quarter for fiscal year 2017 includes the bulk of iPhone 7 and iPhone 7 Plus sales, Apple Watch Series 1 and Series 2, AirPods, as well as the launch of new MacBook Pro models.</p>
<p>FY17 Q1 results compare to $46.9 billion in revenue, $9 billion in profit, 45.51 million iPhones, 9.28 million iPads, and 4.89 million Macs reported in the <a href="https://9to5mac.com/2016/10/25/apple-q4-earnings-2016/" target="_blank">previous quarter[/url]. Apple’s last record quarter occurred <a href="https://9to5mac.com/2016/01/26/apple-earnings-fy16-q1/" target="_blank">a year prior[/url], Apple reported $75.9b in revenue, $18.4b in profit, 74.8m iPhones sold, 16.1m iPads sold, and 5.3m Macs sold. Analysts predicted a return to growth after three quarters of declining sales which we see in today’s results.</p>
<p>Full press release after the break, and <a href="https://9to5mac.com/2016/01/26/fy16-q1-earnings-call/" target="_blank">stick around for our earnings call live blog[/url] at the top of the hour:</p>
<p> <a href="https://9to5mac.com/2017/01/31/apple-earnings-fy17-q1/#more-465693" class="more-link">more…[/url]</p>
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