tim-cook-apple-watch

Apple just announced its fiscal third quarter earnings and as usual offered some stats on progress since last checking in. Among the notables: the company’s revenue in China is up 112%, it returned $13 billion to shareholders through its capital return program, and it sold a record number of iPhones and Macs during the quarter. The company, citing its own research, noted that users switching from Android to iPhone was at an all-time high, while giving us some insight into Apple Watch usage. Head below for the full roundup of numbers from today’s earnings call:

-$202.8 billion in cash (over $200B for the first time)

-$49.6 billion revenue/$10.7 billion profit

-47.5 million iPhones sold (revenue up 59% from last year)

-10.9 million iPads sold (revenue down 23% from last year)

-4.7 million Macs (revenue up 9% from last year)

-$5 billion revenue for services (iTunes, AppleCare, Apple Pay, licensing and other services.)

-App Store revenue more than doubling during quarter

-Greater China revenue up 112% (vs 33% growth for Apple worldwide)

iPhone sales up 85% in China and India

-$13 billion returned to shareholders

$15 billion cashflow from operations

-iPhone revenue up 59 percent over last year

456 total retail stores, 190 outside US

-40 stores to open in China next year

-94% of Apple Watch users wear and use it regularly

-Android switchers at an all-time high

-1.5 million Apple Pay locations by end of year

United giving iPhones to 20,000 flight attendants

-13 new enterprise apps through IBM partnership, 100 total by end of year

-15,000 artists are signed up for Apple Music Connect feature

-700 universities and colleges will begin accepting Apple Pay this year

-Guidance for the fourth quarter: between $49 billion and $51 billion in revenue

More coming… refresh please

FTC: We use income earning auto affiliate links. More.


Check out 9to5Mac on YouTube for more Apple news:

You’re reading 9to5Mac — experts who break news about Apple and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Mac on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

About the Author