Apple Says iPhone 7 and Apple Watch Set All-Time Sales Record in Q1 2017

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Apple is today reporting on the company’s financial results for its first quarter fiscal 2017 earnings from iPhone, Apple Watch, Mac, and services sales, which ended on the last day of 2016.

In the press announcement, the Cupertino company revealed all-time record quarterly revenue of $78.4 billion and quarterly earnings per diluted share of $3.36, which appears to be their highest quarterly revenue ever if we compare these results to the $75.9 billion revenue with $3.28 per diluted share of last year’s first quarter fiscal earnings. Apple reports that 64 percent of Q1 2017’s revenue came from international sales of iPhone 7, Apple Watch, Macs, as well as various of its services.

“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 a… (read more)

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