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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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.
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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