Apple yesterday announced the results for the second quarter of 2018. Read a summary here.
In the second quarter of 2018, Apple had a revenue of $61.1 billion. Their total profit was $13.8 billion. In 2017, Apple had a revenue of $52.9 billion and a profit of $11.0 billion. Apple has also announced a $100 billion share repurchase program.
Apple CEO Tim Cook:
“We’re thrilled to report our best March quarter ever, with strong revenue growth in iPhone, Services and Wearables,” said Tim Cook, Apple’s CEO. “Customers chose iPhone X more than any other iPhone each week in the March quarter, just as they did following its launch in the December quarter. We also grew revenue in all of our geographic segments, with over 20% growth in Greater China and Japan.”
In the second quarter, Apple sold 52.2 million iPhones worldwide, 9.8 million iPads and 4.1 million Macs. In 2017: 50.8 million, 8.9 million and 4.2 million respectively.