Apple reported a 13% year-on-year increase in revenue for the quarter ending December 30th to 88.3 billion US dollars, fuelled by a 13% increase in iPhone revenues. Apple forecast its revenue will be between 60 billion and 62 billion dollars in the current quarter, which would represent a year-on-year increase of between 13% and 17%.
Tim Cook, Apple’s CEO, said. “We’ve also achieved a significant milestone with our active installed base of devices reaching 1.3 billion in January. That’s an increase of 30% in just two years, which is a testament to the popularity of our products and the loyalty and satisfaction of our customers.”
source: Apple statement
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