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Apple Announces Q4 2016 Revenue of $46.9 Billion With 45.5m iPhones, 9.2m iPads, and 4.8m Macs

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Apple Announces Q4 2016 Revenue of $46.9 Billion With 45.5m iPhones, 9.2m iPads, and 4.8m Macs

Apple on Tuesday posted its [fiscal] fourth quarter profits for 2016, providing a take a look at its efficiency over the last 3 months. The Cupertino corporate got here just about maximum of Wall Side road’s expectancies, promoting 45.5 million iPhones, 9.3 million iPads and incomes $46.9 billion in income. The numbers are nonetheless down year-over-year, on the other hand, because the battle to seek out new expansion continues.

Listed here are Q4 2016 numbers in comparison to figures from the similar quarter in 2015.
  • Revenue: $46.9 billion vs. $51.5 billion, down 9%
  • iPhones: 45.5 million vs. 48.05 million, down 5%
  • iPads: 9.3 million vs. 9.88 million, down 6%
  • Macs: 4.8 million vs. 5.71 million, down 14%
Listed here are the feedback from CEO Tim Prepare dinner and CFO Luca Maestri:
“Our robust September quarter effects cap an overly a success fiscal 2016 for Apple,” stated Tim Prepare dinner, Apple’s CEO. “We’re overjoyed with the buyer reaction to iPhone 7, iPhone 7 Plus and Apple Watch Collection 2, in addition to the unbelievable momentum of our Products and services industry, the place income grew 24 % to set some other all-time report.”
“We're happy to have generated $16.1 billion in running money glide, a brand new report for the September quarter,” stated Luca Maestri, Apple’s CFO. “We additionally returned $9.3 billion to buyers thru dividends and percentage repurchases throughout the quarter and have now finished over $186 billion of our capital go back program.”
In overall, Apple introduced that it earned a income of $46.9 billion within the quarter, whilst managing to earn a complete of $9 billion in overall benefit. So far as units pass, Apple bought 45.5 million iPhones, 9.2 million iPads, and 4.8 million Macs.

To match, within the fourth quarter of final yr, Apple bought 48 million iPhones, 9.8 million iPads, and 4.7 million Macs. Apple introduced in $51.5 billion income within the fourth quarter of final yr.

Apple’s first quarter of the yr used to be an enormous stretch for Apple, with the corporate incomes $75.9 billion in income because of promoting 74.7 million iPhones, 16.1 million iPads, and 5.3 million Macs. In the second one quarter of this yr, Apple earned $50.6 billion in income at the backs of over 50 million iPhones, greater than 10 million iPads, and 4 million Macs. And within the 3rd quarter of 2016, Apple earned $42.4 billion with 40.4 million iPhones, 9.9 million iPads, and 4.2 million Macs bought.

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