Wednesday, August 2, 2017
Apple Gives Buoyant Outlook
Apple reported a 7% year-on-year increase in revenue for the quarter ended July 1 to 45.4 billion US dollars. Apple said iPhone sales were up 3% to 24.8 billion dollars, while services revenue leapt 22% to 7.3 billion dollars.
Apple forecast that revenue in the current quarter will be between 49 billion and 52 billion dollars, compared with 46.9 billion dollars in the same quarter last year. That would represent an increase of between 4% and 11%. Source: Apple statement
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