Breaking News
Now Reading
Apple announced Financial results for Q4 2016
0

Apple announced Financial results for Q4 2016

by iJailbreakDailyOct 25, 2016

Apple has officially released its financial results for Q4 of 2016 reporting a revenue of 46.9 billion $. Sales of products remain flat and for iPhone are negative as compared to same period last year.

apple-hq-headquarters-1024x712

Here are Q4 2016 numbers compared to figures from the same quarter in 2015.

  • Revenue: $46.9 billion vs. $51.5 billion, down 9%
  • iPhones: 45.5 million vs. 48.05 million, down 5%
  • iPads: 9.3 million vs. 9.88 million, down 6%
  • Macs: 4.8 million vs. 5.71 million, down 14%

Here are the comments from CEO Tim Cook and CFO Luca Maestri:

“Our strong September quarter results cap a very successful fiscal 2016 for Apple,” said Tim Cook, Apple’s CEO. “We’re thrilled with the customerresponse to iPhone 7, iPhone 7 Plus and Apple Watch Series 2, as well as the incredible momentum of our Services business, where revenue grew 24 percent to set another all-time record.”

“We are pleased to have generated $16.1 billion in operating cash flow, a new record for the September quarter,” said Luca Maestri, Apple’s CFO. “We also returned $9.3 billion to investors through dividends and share repurchases during the quarter and have now completed over $186 billion of our capital return program.”

q4-2016

What's your reaction?
Love It
0%
Interested
0%
Meh...
0%
What?
0%
Hate It
0%
Sad
0%
About The Author
iJailbreakDaily

I instantly fell in love with my first iPhone in 2011 and always wanted to share the knowledge of jailbreaking, which lead to the creation of this blog. I currently own 3 iPhones, Macbook pro, iMac and some iPods. Owner of Cydia account: 464253213