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Apple’s Q1 2016 earnings: 74.8M iPhones, 16.1M iPads, $75.9B revenue

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Apple’s Q1 2016 earnings: 74.8M iPhones, 16.1M iPads, $75.9B revenue

As is par for the direction, any other set of months has handed, and now it’s time for any other quarterly profits document from Apple, the home that constructed the iPhone. Apple has published but some other robust quarter. In reality, this quarter used to be the most powerful for the corporate thus far. And, as same old, the iPhone is top the price. Apple’s different key merchandise, together with iPads and Macs, have been nonetheless bought within the tens of millions, all of which mixed to earn the Cupertino-primarily based corporate billions in revenue within the 3 month span given that its final quarterly profits record. These effects additionally come with gross sales of the Apple Watch, the brand new Apple TV, and the iPad Pro.

Here is a breakdown of Q1 2016 numbers in comparison to figures from the similar quarter in 2015.
  • Revenue: $75.9 billion as opposed to $74.6 billion final yr
  • iPhones: 74.8 million as opposed to 74.5 million remaining yr
  • iPads: 16.1 million as opposed to 21.4 million remaining yr
  • Macs: 5.3 million as opposed to 5.5 million ultimate yr
And listed here are a few feedback at the numbers from Tim Cook and Apple’s CFO Luca Maestri:
“Our staff brought Apple’s largest quarter ever, way to the arena’s so much cutting edge merchandise and all-time document gross sales of iPhone, Apple Watch and Apple TV,” stated Tim Cook, Apple’s CEO. “The expansion of our Services industry speeded up right through the quarter to supply document effects, and our put in base just lately crossed a huge milestone of 1 billion lively units.” “Our report gross sales and powerful margins drove all-time data for web source of revenue and EPS regardless of an overly tricky macroeconomic setting,” stated Luca Maestri, Apple’s CFO. “We generated running money float of $27.5 billion all through the quarter, and back over $9 billion to buyers thru percentage repurchases and dividends. We have now finished $153 billion of our $200 billion capital go back software.”
Unaudited abstract knowledge:
 When in comparison to the yr-over-yr, Apple earned $74.6 billion in overall revenue, with 74.5 million iPhones, 21.4 million iPads, and 5.5 million Macs. So, general, Apple noticed equivalent gross sales while in comparison to the primary quarter of 2015.

At the time of this publish, APPL is [surprisingly] keeping stable across the $100/percentage mark.

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