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Apple Q1 2017 Earnings Results $78.4 Billion Revenue

Apple

CUPERTINO, California — January 31, 2017 — Apple today announced financial results for its fiscal 2017 first quarter ended December 31, 2016. The Company posted all-time record quarterly revenue of $78.4 billion and all-time record quarterly earnings per diluted share of $3.36. These results compare to revenue of $75.9 billion and earnings per diluted share of $3.28 in the year-ago quarter. International sales accounted for 64 percent of the quarter’s revenue.

and

“We’re thrilled to report that our holiday quarter results generated Apple’s highest quarterly revenue ever, and broke multiple records along the way. We sold more iPhones than ever before and set all-time revenue records for iPhone, Services, Mac and Apple Watch,” said Tim Cook, Apple’s CEO. “Revenue from Services grew strongly over last year, led by record customer activity on the App Store, and we are very excited about the products in our pipeline.”

Products Sold

  • iPhone 78.3million
  • iPads 13.1 million
  • Macs 5.4 million

No surprise here. This is from September to December which is Apple’s biggest selling quarter. Thanks to the winter holidays.

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