Where Apple’s profits had been down in the past few quarters, the company came back hard in the Q1 2017 financial report. Apple on Tuesday posted quarterly revenue of $78.4 billion, setting an all-time record for the company with a total net profit was $17.9 billion. The lion’s share of the profits came from the […]
Tag: Q1
Come January 31st, you’ll find out how profitable Apple’s last three months have been. The company announced that come January 31st, it will announce its quarterly earnings for the first fiscal quarter of 2017, revealing performance metrics for the new iPhone 7 series and the lucrative holiday shopping season. Announced through the company’s Investor Relations […]
As nifty as the iPhone SE may be, it probably won’t be refreshed in the coming year. Analyst Ming-Chi Kuo has released a report to investors state that Apple will prolong iPhone SE’s lifecycle beyond the usual one year rotation in a bid to boost gross margins and minimize cannibalization of high-end flagships like the […]
It’s hard to argue with an $18.4 billion profit. This is what Apple had to announce for its Q1 numbers, the company citing an $18.4 billion profit on $75.9 billion in revenue. During the conference call, Apple cited 74.7 million iPhones sold, 16.1 million iPads sold, and 5.3 million Macs sold. Although the October through […]
It was a good quarter for Apple. Per 9to5Mac, Apple announced its Q1 2015 earnings results today, the company reporting US$74.6 billion in revenue and earning US$18 billion in profit during the three-month period. The results showed a gross margin of 39.9 percent compared to 37.9 percent in the year-ago quarter. International sales accounted for […]