May 1, 2018
Apple Q1 2018 (fiscal Q2) - Quarterly Report Summary:
Rev = $61.1 Billion (vs $52.9 Billion a year ago quarter and $88.3 Billion last quarter)
Total Cash = $267.2 Billion (Down $17.9 Billion for the quarter from $285.1 Billion)
Last Quarter Sales:
iPhones Sold = 52.2 Mil (vs 50.8 Mil a year ago quarter and 77.3 Mil last quarter)
iPads Sold = 9.1 Mil (vs 8.9 Mil as year ago quarter and 13.2 Mil last quarter)
Mac's Sold = 4.1 Mil (vs 4.2 Mil a year ago quarter and 5.1 Mil last quarter)
Rumors of China market imploding were greatly exaggerated. $13 Bil in Rev last quarter vs 10.7 Bil the year ago quarter.
Revenue was up in All regions year over year.
Dividend raised to $0.73 per share.
iPhone X best selling iPhone every week of the quarter.
Wearable Revenue up 50% for the quarter year over year.