Apple has announced its Quarter 2 financial results, this is the company’s fiscal 2017 second quarter up until the 1st of April 2017.
The company announced quarterly revenue of $52.9 billion and quarterly earnings per diluted share of $2.10.
“We are proud to report a strong March quarter, with revenue growth accelerating from the December quarter and continued robust demand for iPhone 7 Plus,” said Tim Cook, Apple’s CEO. “We’ve seen great customer response to both models of the new iPhone 7 (PRODUCT)RED Special Edition and we’re thrilled with the strong momentum of our Services business, with our highest revenue ever for a 13-week quarter. Looking ahead, we are excited to welcome attendees from around the world to our annual Worldwide Developers Conference next month in San Jose.”
Apple also revealed that it is increasing its return of capital to shareholders by $50 billion and it intends to spend $300 billion on this by the end of March 2019.
Source AppleFiled Under: Apple, Top News