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Apple Q4 2017 Results

Today Apple announced how much of their products they sold and how much they made last quarter.

Apple CEO Tim Cook

“We’re happy to report a very strong finish to a great fiscal 2017, with record fourth quarter revenue, year-over-year growth for all our product categories, and our best quarter ever for Services,” said Tim Cook, Apple’s CEO. “With fantastic new products including iPhone 8 and iPhone 8 Plus, Apple Watch Series 3, and Apple TV 4K joining our product lineup, we’re looking forward to a great holiday season, and with the launch of iPhone X getting underway right now, we couldn’t be more excited as we begin to deliver our vision for the future with this stunning device.”

Apple Products Sold

  • iPhone: 46,677 Units Sold
  • iPad: 10,326 Units Sold
  • Mac 5, 386 Units Sold

Apple CFO Luca Maestri

“Apple’s year-over-year revenue growth rate accelerated for the fourth consecutive quarter and drove EPS growth of 24 percent in the September quarter,” said Luca Maestri, Apple’s CFO. “We also generated strong operating cash flow of $15.7 billion and returned $11 billion to investors through our capital return program.”

Q1 is going to be crazy because of the winter holidays and iPhone X.

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