Apple announces $46.9 billion earnings during its fiscal 2016 fourth quarter

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Apple today officially announced its annual financial results, with revenue resulting from $49.900 million that have produced $9.000 million in profits between July and September. A more wallop for “analysts” who have already spent almost a year predicting the death of the Cupertino company. This time, let’s take a brief look at the total data in sales of Apple devices, although Tim Cook does not want to differentiate between different products in its product portfolio, we will have to take a bit of imagination.
For starters, we remember that Apple entered last year in the same quarter 51,500 million, with a net profit of $11.100 million, so that if you have fallen a little. The action was $1.96 last year at this time, in this year are $1.67. Definitely, the gross margin this year was 38 percent, compared to 39.9 percent the previous year we found on the same date. On the other hand, the international sales of products represents more than half of company revenues, namely 62 percent of the total.

These were exactly the sales of Apple products according to the range:

  • iPhone – $45.5 million
  • iPad – $9.9 million
  • Mac – $4.89 million

“Our strong September quarter results cap a very successful fiscal 2016 for Apple,” said Tim Cook, Apple’s CEO. “We’re thrilled with the customer response 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.”

Therefore, the iPhone remains the main source of income in the Cupertino company. According to Tim Cook, the company is very pleased with the reception that users have had the iPhone 7, the iPhone 7 Plus and Apple Watch, but made special mention in the services business, which has grown by 24%. It is not the first time we aim to services as a potential source of revenue for the future by the company on the block. Apple has fallen slightly, yes, but nothing compared to what the doomsayers anticipated.

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