Apple Announces The Results Of 2018 Q2 Earnings, $61.1 Billion Revenue

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Apple-Earnings-2018Apple has just announced the results for Q2 2018, that is data concerning the second quarter of fiscal 2018 which includes the first three months of the current year.

Apple closes Q2 with revenues of $61.1 billion and $13.8 billion from the sale of 52.2 million iPhones, 9.1 million iPads and 4.07 million Macs.

The company recorded an increase of 16% compared to the same quarter last year as well as a quarterly earnings per diluted share of $2.73, an increase of 30%. In addition, international sales accounted for as much as 65% of the quarter’s revenue.

Directly from the CEO of the company Tim Cook obviously words of absolute praise of the data just announced by Apple:

“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.”

The Company has also announced that it will complete the execution of the previous share repurchase authorization during the third fiscal quarter. The same council has declared a cash dividend of $0.73 per share for the ordinary shares of Apple, payable on May 17, 2018 to shareholders registered at the close of business on May 14, 2018.

Apple has also announced a new program to re-purchase the shares amounting to 100 billion in total value, increasing dividends by 16%.

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