Apple Q2 2017 - Quarterly Report Summary:

Rev = $45.4 Billion (vs $42.4 Billion a year ago quarter and $52.9 Billion last quarter)

Total Cash = $261.5 Billion (Up $4.7 Billion for the quarter from $256.8 Billion)

 

Last Quarter Sales:

iPhones Sold = 41 Mil (vs 40.4 Mil a year ago quarter and 50.8 Mil last quarter)

iPads Sold = 11.4 Mil (vs 10 Mil as year ago quarter and 8.9 Mil last quarter)

Mac's Sold = 4.3 Mil (vs 4.3 Mil a year ago quarter and 4.2 Mil last quarter)

 

Misc Notes:

First significant uptick year over year for iPad for the past few years. 

Total revenue high end of guidance - 7% increase yr over yr.

7+ sales up dramatically yr over yr vs 6S+.

Over 1.2 Billion iPhones sold all time.

iPad sales up over 15% yr over yr.

Apple Watch over 50% in June quarter (assumed vs previous quarter).

98% satisfaction for AirPods and still not meeting demand. 

---

$11.7 Billion back to investors.

$7.2 Billion in dividends and 

$4.5 Billion on repurchases on Shares. 

Next Dividend of $0.63 per share will be paid on August 17th to owners of Apple stock on August 14th.  

---

Apple is Projecting $49 Billion to $52 Billion in the current quarter.

Last year it was $46.9 Billion in Revenue for the same quarter. 

The projected increase in Revenue for the yr over yr quarter points towards a new iPhone launch before the end of September.

---- 

 

PR from Apple

PDF - Financial Statements

PDF - Data Summary

Direct download: Apple_Q217_report_tii.pdf
Category:breaking news -- posted at: 4:52pm EST
Comments[1]

  • If you are unsure about iOS 11 compatibility with your iPhone or not, here is a complete list of iOS 11 supported devices that can install and download iOS 11 on launch day.

    posted by: Bruce Doyle on 2017-08-02 15:04:53

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