Apple announce strongest March quarter with $61.1B in revenue, 52.2M iPhone sales
Apple has shared their Q2 2018 financial results, announcing its strongest March quarter in history with $61.1B in revenue, and $13.8 billion in profit from sales of 52.2 million iPhones, 9.1 million iPads, and 4.07 million Macs.
The results show Mac sales have fallen compared to Apple’s year ago quarter.
Tim Cook reports iPhone X has been Apple’s best selling iPhone week after week during its March quarter, just as they did following its launch in the December quarter. – Tim also noted that Apple’s wearables business is now the size of a “Fortune 300” company, reporting that wearables revenue was up almost 50 percent from sales of AirPods, Beats, and of course, Apple Watch.
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.
Last year Apple announced $52.9b in revenue and $11.03 billion in profit for their Q2 2017 financial quarter, with the company selling 50.7 million iPhones, 8.92 million iPads, and 4.19 million Macs, and on February 1st 2018 when Apple announced their quarterly financial results for the last three months of 2017 as part of its Q1 2018 earnings results it shared revenue of $88.3 billion and $20.1b of profit.
Apple announced an increased quarterly dividend payment of $0.73 per share, up from $0.63.