Apple has posted the results of I quarter 2017 (II quarter of 2017 financial year) ended on 1 April. During this period, the company sold 50,7 million iPhone, of 8.92 million iPad, of 4.19 million Macs. Such data are contained in the company’s report, submitted on 2 may.
Apple quarterly revenues for the period amounted to $52,89 billion – 5% higher than last year ($50,57 billion). Profit per share in the second quarter of 2017 financial year amounted to $2,10, compared to $2,33 a year earlier, it said in a statement.
In the first quarter of 2017, Apple had sold for 50.7 million smartphones iPhone vs 51.1 mln in the same quarter of 2016 (-1%). Sales of iPads made up 8.92 million against 10.3 million a year earlier (-13%). “Smart” watches Apple Watch and iPod are included in the category of “Other products” and are not prescribed separately. As for Mac, the company sold in the first quarter of 4.19 million Macs, which is 200 000 more than in the same period last year (+4%).
Apple’s net profit for the first quarter of 2016, totaled $12.5 billion, which was higher than last years figure at $10.5 billion.
The company also announced that the Board of Directors has signed the decree about increase of the capital return programme to shareholders at the $35 billion Apple expects to utilize a total of over $210 billion
Note that the predictions of Apple for the second quarter of 2017 financial year were as follows: income from 51.5 billion to 53.5 billion, a quarterly gross profit from 38% to 39%, operating expenses between $6.5 billion to $6.6 billion, other income/(expenses) in the amount of $400 million, tax revenues of 26%.