Apple today announced financial results for its fiscal 2017 third
quarter ended July 1, 2017. The Company posted quarterly revenue
of $45.4 billion and quarterly earnings per diluted share of
$1.67. These results compare to revenue of $42.4 billion and
earnings per diluted share of $1.42 in the year-ago quarter.
International sales accounted for 61 percent of the quarter’s
When you look at the data, the most striking number is that iPad sales were up 15 percent year-over-year. That’s the first time that’s happened in a few years. But iPad revenue was only up about 2 percent. That suggests to me, strongly, that this sales bump was driven strongly by the new 9.7-inch iPad that starts at $329.
See also: Jason Snell’s cornucopia of graphs visualizing Apple’s results.
★ Tuesday, 1 August 2017