Friday, November 3, 2017

Apple Sees Another Surge in Services


Apple reported a 12% year-on-year increase in revenue for the quarter ending September 30th 2017 to 52.6 billion US dollars. iPhone sales rose 2%, while service revenue leapt 34% to 8.5 billion dollars.  Apple forecast revenue of between 84 billion and 87 billion dollars for the current quarter, which would represent a year-on-year increase of between 7% and 11% over the record 78.4 billion dollars it generated in revenue in the equivalent quarter last year. source: Apple statement

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