Apple Q1 2016 results: 74.8m iPhones, 16.1m iPads, 5.3m Macs, $18.4b profitThe AAPL FY 2016 First Quarter results are in, and Apple still made a ton of money. Apple has released the company's first quarter 2016 results, and highlights include 74.8m iPhones, 16.1m iPads, 5.3m Macs, $18.4b profit. "Our team delivered Apple's biggest quarter ever, thanks to the world's most innovative products and all-time record sales of iPhone, Apple Watch and Apple TV," said Tim Cook, Apple's CEO. "The growth of our Services business accelerated during the quarter to produce record results, and our installed base recently crossed a major milestone of one billion active devices." "Our record sales and strong margins drove all-time records for net income and EPS in spite of a very difficult macroeconomic environment," said Luca Maestri, Apple's CFO. "We generated operating cash flow of $27.5 billion during the quarter, and returned over $9 billion to investors through share repurchases and dividends. We have now completed $153 billion of our $200 billion capital ret...<br clear='all'/>
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Apple Q1 2016 results: 74.8m iPhones, 16.1m iPads, 5.3m Macs, $18.4b profit
