Just moments ago, Apple reported its earnings for the fourth quarter of 2016 and now the company is preparing to hold a conference call with investors and reporters to discuss the Typically, Apple CEO Tim Cook and CFO Luca Maestri give a deeper look into the results, while questions will also be taken from analysts and investors.
Apple today has officially reported its Q4 2016 earnings results with $46.9 billion in revenue and $9 billion in profit from the July to September quarter. In its earnings press release, Apple says the following:
Apple® today announced financial results for its fiscal 2016 fourth quarter ended September 24, 2016. The Company posted quarterly revenue of $46.9 billion and quarterly net income of $9 billion, or $1.67 per diluted share. These results compare to revenue of $51.5 billion and net income of $11.1 billion, or $1.96 per diluted share, in the year-ago quarter. Gross margin was 38 percent compared to 39.9 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.
Yesterday’s release of macOS Sierra has given us the first look at the new MacBook Pro sporting the long-rumored Magic Toolbar. The image, which is buried within the file structure of macOS Sierra 10.12.1 release, relates directly to the Touch ID functionality embedded within the function-row-replacing strip. expand full story