For the past year of two Apple's future hasn't seemed quite as bright as we've been used to. After record iPhone sales for year after year the growth slowed down and threatened to start, what some called, an inevitable decline.
Apple fought through, though, and had some amazing news to tell about the last quarter, which marks the first quarter for the fiscal year 2017. With 78.3 million iPhones sold, most in any quarter so far, the company posted a record-setting $78.4 billion in revenue. Earnings at $3.36 was another record high for the Cupertino giant and the net profit topped $17.9 billion.
We're thrilled to report that our holiday quarter results generated Apple's highest quarterly revenue ever, and broke multiple records along the way. We sold more iPhones than ever before and set all-time revenue records for iPhone, Services, Mac and Apple Watch," said Tim Cook, Apple's CEO.
Tim Cook also added that the App Store saw record customer activity and the company is very excited about upcoming products.
"Revenue from Services grew strongly over last year, led by record customer activity on the App Store, and we are very excited about the products in our pipeline."
We're thrilled to report that our holiday quarter results generated Apple's highest quarterly revenue ever, and broke multiple records along the way. We sold more iPhones than ever before and set all-time revenue records for iPhone, Services, Mac and Apple Watch," said Tim Cook, Apple's CEO.
Tim Cook also added that the App Store saw record customer activity and the company is very excited about upcoming products.
"Revenue from Services grew strongly over last year, led by record customer activity on the App Store, and we are very excited about the products in our pipeline."
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