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Apple Q1 2017: 78.3M iPhones, 13.1M iPads, 5.4M Macs

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Apple Q1 2017: 78.3M iPhones, 13.1M iPads, 5.4M Macs

Apple has announced their Q1 2017 earnings, and as you’d expect from a holiday quarter… they’re big!

The holiday quarter is historically Apple’s biggest and Q1 2017, which ends December 1, 2016, was no exception. Apple has reported 78.3M iPhones, 13.1M iPads, and 5.4M Macs sold, as well as “all-time record quarterly revenue” of $78.4 billion.

I have not yet done the numbers but I think Apple had the best quarter in the history of humanity.— Horace Dediu (@asymco) January 31, 2017

Apple revenue guidance: $51.5B to $53.5B. Just a tad light but should be OK.— Neil Cybart (@neilcybart) January 31, 2017

Apple Reports Record First Quarter Results

CUPERTINO, Calif.–(BUSINESS WIRE)– 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 …

Apple has introduced their Q1 2017 income, and as you would be expecting from a vacation quarter... they are giant!

The vacation quarter is traditionally Apple's largest and Q1 2017, which results December 1, 2016, used to be no exception. Apple has reported 78.3M iPhones, 13.1M iPads, and 5.4M Macs bought, in addition to "all-time report quarterly income" of $78.4 billion.

Apple Stories Report First Quarter Effects

CUPERTINO, Calif.--(BUSINESS WIRE)-- Apple® these days introduced monetary effects for its fiscal 2017 first quarter ended December 31, 2016. The Corporate posted all-time document quarterly income of $78.4 billion and all-time document quarterly income in line with diluted percentage of $3.36. Those effects examine to income of $75.9 billion and income consistent with diluted percentage of $3.28 within the year-ago quarter. Global gross sales accounted for 64 % of the quarter's income.

"We are extremely joyful to record that our vacation quarter effects generated Apple's best quarterly income ever, and broke more than one data alongside the best way. We bought extra iPhones than ever prior to and set all-time income data for iPhone, Products and services, Mac and Apple Watch," stated Tim Prepare dinner, Apple's CEO. "Income from Products and services grew strongly over remaining yr, led through report buyer task at the App Retailer, and we're very fascinated with the goods in our pipeline."

"Our remarkable industry efficiency ended in a brand new all-time report for income according to percentage, and over $27 billion in running money go with the flow," stated Luca Maestri, Apple's CFO. "We returned just about $15 billion to buyers thru percentage repurchases and dividends right through the quarter, bringing cumulative bills thru our capital go back program to over $200 billion."

Apple is offering the next steerage for its fiscal 2017 2d quarter:

  • income between $51.5 billion and $53.5 billion

  • gross margin between 38 % and 39 %

  • running bills between $6.5 billion and $6.6 billion

  • different source of revenue/(expense) of $400 million

  • tax fee of 26 %

Apple's board of administrators has declared a money dividend of $0.57 consistent with percentage of the Corporate's not unusual inventory. The dividend is payable on February 16, 2017 to shareholders of report as of the shut of industrial on February 13, 2017.

Apple will supply are living streaming of its Q1 2017 monetary effects convention name starting at 2:00 p.m. PST on January 31, 2017 at www.apple.com/investor/earnings-call/. This webcast can also be to be had for replay for about two weeks thereafter.

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