Apple reports $45.4 billion revenue in FY Q3 2017, iPhone sales cross 1.2 billion since launch

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Apple has reported quarterly revenue of $45.4 billion with a net profit of $8.7 billion in their earnings for the financial year Q3 2017 that ended July 1, 2017. Revenues were up 7% year-over-year. Apple reported quarterly earnings per diluted share of $1.67 compared to diluted share of $1.42 in the year-ago quarter. During earnings call Tim Cook said that iPhone sales were impressive, with strong demand at the high end of its lineup. Continue reading “Apple reports $45.4 billion revenue in FY Q3 2017, iPhone sales cross 1.2 billion since launch”