Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $707
0%  
Woo hoo!! 3rd Qtr 2025 FReepathon is now underway!!

Keyword: yearlyfinancials

Brevity: Headers | « Text »
  • Apple beats Street, services revenue grows 24% to all-time quarterly record of $6.3 billion

    10/25/2016 2:17:21 PM PDT · by Swordmaker · 37 replies
    Mac Daily News ^ | October 25, 2016: 2:00 PM
    Apple today announced financial results for its fiscal 2016 fourth quarter ended September 24, 2016. The company posted quarterly revenue of $46.9 billion and quarterly net income of $9 billion, or $1.67 per diluted share. These results compare to revenue of $51.5 billion and net income of $11.1 billion, or $1.96 per diluted share, in the year-ago quarter. Gross margin was 38 percent compared to 39.9 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.“Our strong September quarter results cap a very successful fiscal 2016 for Apple,” said Tim Cook, Apple’s CEO, in a...