Apple Earns $47 Billion in Revenue, Sells 45 Million iPhones in Three Months

Apple today announced financial results for its fiscal 2016 fourth quarter. The company posted quarterly revenue of $46.9 billion and quarterly net income of $9 billion. These results compare to revenue of $51.5 billion and net income of $11.1 billion in the year-ago quarter. During those three months, Apple sold 45.5 million iPhones, 9.3 million … Continue reading Apple Earns $47 Billion in Revenue, Sells 45 Million iPhones in Three Months