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Author Topic: Highlights from Apple's Q1 2017 investors call  (Read 454 times)
HCK
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« on: February 02, 2017, 04:05:20 pm »

Highlights from Apple's Q1 2017 investors call

What went down during Apple's Q1 2017 earnings call? We've got your highlights right here.

Apple held its quarterly earnings call today where Apple CEO Tim Cook and CFO Luca Maestri spoke with analysts about the first quarter of 2017. You can read our full transcript if you want to see everything they had to say, or check out our highlights below!

Apple overall

Apple sold 78.3 million iPhones, 13 million iPads (85 percent of the market share for tablets above $500) and 5.3 million Macintosh computers in the first quarter of 2017. The Company posted all-time record quarterly revenue of $78.4 billion.
Apple products were the most popular devices on Alibaba during Singles Day in China.
50 percent of sales in China during the first quarter of 2017 are attributed to switchers from another device maker and first time buyers.
Cook is hopeful for tax reform during Trump's presidency that would let Apple move its more than $200 billion in cash back to the United States without repercussio...

Source: Highlights from Apple's Q1 2017 investors call
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