Apple has reported its financial results for the third quarter of its fiscal year. The company posted a quarterly revenue of $49.6 billion USD and its net profit for the same period came in at $10.7 billion.
The company credits its success on record Q3 sales of iPhone and Mac and all-time record revenue from "services," which include its App Store. Revenue for iPhone alone was up 59% over the same period last year.
The Apple Watch was mentioned only as a "successful launch" in helping to drive Apple's revenues for the spring quarter. No hard sales numbers were given by the company.
As a result of its positive report, Apple has adjusted its forecast for the fourth quarter of its fiscal year, expecting the final three months of the year will see revenue between $49 and $51 billion. "We’re looking forward to releasing iOS 9, OS X El Capitan and watchOS 2 to customers in the fall," Apple CEO Tim Cook said.
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The company credits its success on record Q3 sales of iPhone and Mac and all-time record revenue from "services," which include its App Store. Revenue for iPhone alone was up 59% over the same period last year.
The Apple Watch was mentioned only as a "successful launch" in helping to drive Apple's revenues for the spring quarter. No hard sales numbers were given by the company.
As a result of its positive report, Apple has adjusted its forecast for the fourth quarter of its fiscal year, expecting the final three months of the year will see revenue between $49 and $51 billion. "We’re looking forward to releasing iOS 9, OS X El Capitan and watchOS 2 to customers in the fall," Apple CEO Tim Cook said.
Continue reading…
Continue reading...