Apple Announces 41 Million Sold iPhones, Declining Revenue in FY17 Q3
Apple has announced that FY17 Q3 generated revenue of $45.4 billion and $8.72 billion profit, with the company revealing that it sold a total of 41 million iPhones, 11.4 million iPads, and 4.29 million Macs.
This means that from the previous quarter Apple’s financial results actually declined, though they increased year-over-year by 7 percent. Furthermore, services revenue experienced a growth of 17 percent, which marks an all-time quarterly record from the company.
Specifically, Apple’s FY 2017 revenue and profit dropped from $52.9 billion and $11.03 billion, respectively, with sales of iPhones, iPads, and Macs also declining from 50.7 million, 8.92 million, and 4.19 million
But on the other hand, Apple says it’s very pleased with how its units performed, especially because sales increased year-over-year from $42.4 billion revenue and $7.8 billion profit. In the same quarter the year before, Apple sold 40.4 million iPhones, 9.9 million iPads, and 4.2 million Macs… (read more)