Loading...
Own A Blog Like This
For Questions, Inquiries, Click Here
Page | Group - Follow us - Hire Us - [email protected]
Kindly sms FOLLOW RAMMYBLOG To 40404 For Free
rammyblog-bg

Thursday, 3 May 2018

Apple announces Q2 2018 revenue of $61.1b: 52.2m iPhones, 9.1m iPads, 4.07m Macs



Apple today announced financial results for its fiscal 2018 second quarter ended March 31, 2018. The Company posted quarterly revenue of $61.1 billion, an increase of 16 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.73, up 30 percent. International sales accounted for 65 percent of the quarter’s revenue.

“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.”

“Our business performed extremely well during the March quarter, as we grew earnings per share by 30 percent and generated over $15 billion in operating cash flow,” said Luca Maestri, Apple’s CFO. “With the greater flexibility we now have from access to our global cash, we can more efficiently invest in our US operations and work toward a more optimal capital structure. Given our confidence in Apple’s future, we are very happy to announce that our Board has approved a new $100 billion share repurchase authorization and a 16 percent increase in our quarterly dividend.”


Do not be selfish, Kindly Share this post using the Share buttons below. Having Problem? Am here to help, Just comment below and i would reply ASAP.

No comments:

Post a comment

After dropping a comment, It would take some minutes to appear after moderation.
Keep the Comment flowing in as we deeply appreciate them

You want to get notified when i reply your comment? Kindly tick the Notify Me box.

offeroffer
Own A Blog Like For A CHEAP PRICE, and Start Earning Money Online.

Contact RAMMY Now!