Jul 31, 2018

Apple FY18 Q3 Earnings: $53.3 Billion In Revenue, Sold 41.3M iPhones, 11.55M iPads, And 3.7M Macs

Apple has reported its FY18 Q3 earnings, during this period, the company sold 41.3 million iPhones, 11.55 million iPads, and 3.7M Macs. In total, the company made $53.3 billion in revenue and $11.5 billion of profit. The revenue and earnings per share figures were the best June quarter ever in the company's history.


For the sake of comparison, in the year-ago quarter, Apple posted revenue of $45.4 billion and net quarterly profit of $8.72 billion. When it comes to product sales, the U.S. tech-giant sold 41 million iPhones, 11.4 million iPads, and 4.29 million Macs a year ago.

“We’re thrilled to report Apple’s best June quarter ever, and our fourth consecutive quarter of double-digit revenue growth,” said Tim Cook, Apple’s CEO. “Our Q3 results were driven by continued strong sales of iPhone, Services and Wearables, and we are very excited about the products and services in our pipeline.”

The earnings report has also highlighted few interesting tidbits like Apple has returned almost $25 billion to investors through the capital return program during the quarter, Services categoly accounts around 18% or brought $9.55 billion in revenue for Apple, just behind iPhones' 56% or brings $30 billion in recenue. as it reaches a new all-time high. Other categoly also saw 60% of growth year-over-year, made over $10 billion over the last four quarters.

Image Via Redmond Pie

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