In the holiday quarter Apple sold a record number of iPhone and Apple Watch. Today, the company announced financial results for the first quarter of the 2017 financial year ended 31 December 2016.
Apple for the first time in 12 months grew quarterly revenues in the annual comparison: in I, II and III quarters of 2016, the company’s sales fell in comparison with figures for the same periods of the past.
Revenue for the quarter was $78.4 billion, or $3,36 per share. For comparison, the income of the company for the same quarter of the previous year was $75.9 billion, or us $3.28 per share. International sales accounted for 64% of the quarter’s revenue.
Business Insider interviewed experts expect that by the end of the fourth quarter of 2016, Apple’s revenue will reach $77.4 billion Net profit of the company at the end of 2016 (the first quarter of 2017, the fiscal year for Apple) $of 17.89 billion ($0.47 per less than at the end of 2015).
IPhone sales reached 78.3 million units under analysts ‘ expectations at 76.3 million compared to the end of 2015, this figure increased by 5%. IPad sales continued to decline compared to the end of 2015, they fell by 19% in units and 22% in the money to 13.1 million units and $5.5 billion respectively. Sales of Mac computers rose 1% in units and 7% in the money to 5.37 million units and $7.2 billion
Revenue from services, which include the App store, the payment system Apple Pay and other projects, the company grew by 18% and almost equal to the sales Mac, amounting to $7,17 billion On sales of other products (Apple TV, Apple Watch, Beats, iPod, and others), the company earned $4 billion, which is 8% less than a year before. Tim cook said that for the fourth quarter of 2016 sold a record number of “smart” watches Apple Watch. Exact sales figures of these devices are not disclosed.
Apple sales increased in almost all regions, except for China where the decline was 12% compared to the end of 2015 In total, sales outside the United States accounted for 64% of the quarterly revenue of Apple. The largest volume of sales recorded in the US, where revenue was $31,968 billion (an increase of 9% in annual terms). The lowest revenues recorded in Japan — $5,766 billion, which is 20% more than in I quarter of 2015-16 fiscal year.