Apple has reported quarterly revenue of $52.9 billion with a net profit of $11.0 billion in their earnings for the financial year Q2 2017 that ended April 1, 2017. Revenues were up 4.54% year-over-year. Apple reported quarterly earnings per diluted share of $2.10 compared to diluted share of $1.90 in the year-ago quarter. During earnings call Tim Cook said that iPhone sales were line in line with their expectations, and they are seeing continued strong demand for iPhone 7 Plus. He also said that active installed base of iPhones grew by double digits year over year.