Thursday, February 1, 2018

Apple Reports Record Results for 1Q 2018: $20B Profit on $88B Revenue, 77.3M iPhones

Apple today announced financial results for the first fiscal quarter of 2018, which corresponds to the fourth calendar quarter of 2017. For the quarter, Apple posted revenue of $88.3 billion and net quarterly profit of $20.1 billion, or $3.89 per diluted share, compared to revenue of $78.4 billion and net quarterly profit of $17.9 billion, or $3.36 per diluted share, in the year-ago quarter. The

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