Apple’s earnings for Q4 2017 are in, and surprise, surprise, they managed to sold more iPhones, iPads and Macs in this quarter than it did same time last year.
As far as numbers go, Apple sold 46.7 million iPhones, 10.3 million iPads and 5.4 million iPads in the quarter compared to 45.5 million iPhones, 9.3 million iPads and 4.9 million Macs the company sold in the year-ago quarter.
As for $ it made, Apple announced revenue of $52.6 billion and net quarterly profit of $10.7 billion in this quarter compared to revenue of $46.9 billion and net quarterly profit of $9 billion in the year-ago quarter.
It’s important to note that these figures don’t take into account the iPhone X pre-orders which started last Friday as the quarter for Apple was closed before that. With iPhone X launching in a few hours from now, Apple’s numbers are only going to get better from here on when it reports its next earnings for Q1 2018.
Coming to 46.7 million iPhones sold, it doesn’t take a genius to guess that iPhone 8 was the biggest contributor this quarter having launched back in September this year. With the rumors and reports flying left and right in past few weeks claiming that iPhone 8 wasn’t selling well at all, today’s numbers posted by Apple should put all those stories to rest.
Here’s what Tim Cook had to say about it:
“We’re happy to report a very strong finish to a great fiscal 2017, with record fourth quarter revenue, year-over-year growth for all our product categories, and our best quarter ever for Services,” said Tim Cook, Apple’s CEO. “With fantastic new products including iPhone 8 and iPhone 8 Plus, Apple Watch Series 3, and Apple TV 4K joining our product lineup, we’re looking forward to a great holiday season, and with the launch of iPhone X getting underway right now, we couldn’t be more excited as we begin to deliver our vision for the future with this stunning device.”
“iPhone 8 and 8 Plus became the the two best-selling iPhone models at launch and have remained there every week since.”
Safe to put those iPhone 7 outselling iPhone 8 reports to rest as well.
Apple is expecting record numbers for its next earnings call due to iPhone X launch.
You can learn more about Apple’s fourth quarter results over at Apple.com here.
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