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Author Topic: Highlights from Apple's Q2 2017 investors call  (Read 737 times)
HCK
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« on: May 04, 2017, 04:05:21 pm »

Highlights from Apple's Q2 2017 investors call

What's new with Apple? We've got the highlights of the Q2 2017 earnings call.

Apple held its quarterly earnings call today where Apple CEO Tim Cook and CFO Luca Maestri spoke with analysts about the second 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 50.76 million iPhones, 8.9 million iPads, and 4.2 million Macs. The quarterly revenue was up 10% over last year at $52.9 billion.
Apple now has 495 retail locations in 18 countries worldwide and revenue was up 27% year-over-year.
Apple will be increasing its Capital Return Program size by $50 billion, bringing the total to $300 billion.
WWDC is "significantly oversubscribed" and expected to have thousands of attendees.  Cook noted that WWDC will cover macOS, iOS, watchOS, and tvOS.
In 2016, 96% of Apple's electricity usage came from renewable sources.
Apple Park will house 13 thousand employees under one roof. Apple also pro...

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