Apple has announced holiday quarter results including $78.4b in revenue and $17.89 billion in profit from 78.3m iPhones, 13m iPads, and 5.3m Macs sold. In addition to holiday sales, Apple’s first quarter for fiscal year 2017 includes the bulk of iPhone 7 and iPhone 7 Plus sales, Apple Watch Series 1 and Series 2, AirPods, as well as the launch of new MacBook Pro models.
FY17 Q1 results compare to $46.9 billion in revenue, $9 billion in profit, 45.51 million iPhones, 9.28 million iPads, and 4.89 million Macs reported in the previous quarter. Apple’s last record quarter occurred a year prior, Apple reported $75.9b in revenue, $18.4b in profit, 74.8m iPhones sold, 16.1m iPads sold, and 5.3m Macs sold. Analysts predicted a return to growth after three quarters of declining sales which we see in today’s results.
Full press release after the break, and stick around for our earnings call live blog at the top of the hour:
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