Apple's $52.6B fourth quarter is nothing compared to what it expects to do next quarter<article>
<section class="page">
<p>Apparently the iPhone 8 isn’t selling as poorly as people think. In the quarter ending September 30, <a href="
https://www.apple.com/newsroom/2017/11/apple-reports-fourth-quarter-results/" rel="noopener nofollow" target="_blank">Apple Thursday reported[/url] revenue of $52.6 billion, an increase of 12 percent from the year-ago quarter’s $46.9 billion, and quarterly earnings per diluted share of $2.07, up 24 percent from $1.67 in 2016.</p><p>Apple’s international sales were particularly strong, accounting for more than 60 percent of the quarter’s revenue. The all-important Greater China market was up 12 percent year over year.</p><p>Apple sold 46.7 million iPhones, 10.3 million iPads, and 5.4 million Macs during the quarter, all healthy increases over the prior year. The Mac and iPad units both saw double-digit increases in year-over-year sales. Apple CFO Luca Maestri said sales of MacBook Pros drive Mac growth, while iPad sales were up more than 25 percent in China.</p><p class="jumpTag"><a href="/article/3235989/consumer-electronics/apple-q4-2017-revenue-53-bilion.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>
Source:
Apple's $52.6B fourth quarter is nothing compared to what it expects to do next quarter
