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Apple announces record quarter with Q1 2017 revenue of $78.4 billion: 78.3m iPhones, 13m iPads, 5.3m Macs
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 $75.9 billion in revenue, $18.4 billion in profit, 48 million iPhones, 9.8 million iPads, and 5.3 million Macs for comparison. Analysts predicted a return to growth after three quarters of declining sales. Full press release after the break, and stick around for our earnings call live blog at the top of the hour: Apple CEO Tim Cook on Apple's holiday quarter:
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