14
Apple Reports Q2 2016 Results

Apple press release:

The Company posted quarterly revenue of $50.6 billion and quarterly net income of $10.5 billion, or $1.90 per diluted share. These results compare to revenue of $58 billion and net income of $13.6 billion, or $2.33 per diluted share, in the year-ago quarter. Gross margin was 39.4 percent compared to 40.8 percent in the year-ago quarter. International sales accounted for 67 percent of the quarter’s revenue.

A year-over-year decline for the first quarter in 13 years, but right in line with their guidance for this quarter three months ago. A streak like this had to end eventually.

Update: A slew of charts from Six Colors.

Tuesday, 26 April 2016