The company adds 52,579 million dollars in sales in the quarter, with an annual total of 229,234 million.
Just a few hours before the expected iPhone X went on the market, Apple released its accounts for the fourth quarter and the close of its fiscal year 2017. Some quite positive results , according to the CEO, Tim Cook, with “a very strong end for a great fiscal 2017, with record revenues in the fourth quarter , year-on-year growth in all our product categories and our best quarter to date for Services “.
Those record quarterly sales have meant the entry of 52,579 million dollars in the three months of July to September, 12% more than what was added in the Q4 of 2016. In total, throughout the fiscal year, Apple has entered 229,234 million, growing 6% year-on-year.
In terms of net profits, the Cupertino-based company has made profits of 10,714 million dollars for the fourth quarter of the year, 48,351 million for the total of its fiscal 2017. This represents an increase of 18% and 5.8% year-on-year, respectively.
In percentage terms, one of the largest increases has been recorded in diluted earnings per share, which in the fourth quarter of the fiscal year have risen 24% , from $ 1.67 per company title to 2.07.
In addition, Apple aims good prospects for the first quarter of its fiscal year, which will include the Christmas campaign and sales of the iPhone X. In particular, the company expects to achieve an income of between 84,000 and 87,000 million dollars, compared to to the 78,400 million that added in the same period of 2016.
In the product sales division, Apple sold 46.67 million iPhones between July and September, increasing the number of units by 3% year-on-year. It is the product that generates the most income for the apple company, specifically 28,846 million dollars. It is followed by the departure of Services , which is worth 8,501 million dollars. This is one of those that have grown the most with respect to 2016: 34%, only exceeded by the 36% that has increased the Other products, where 3,231 million have entered.
In Q4, Apple has sold 10.32 million iPads and 5.38 million Macs , entering 4,831 and 7,170 million respectively and improving the results of 2016 by 11 and 10%.