Apple Reports Q1 FY18 Earnings: $88.3 Billion in Revenue, 77.3 Million iPhones Sold [Chart]

Apple today announced results for its fiscal 2018 first quarter which ended December 31, 2017.

The Company posted quarterly revenue of $88.3 billion, an increase of 13 percent from the year-ago quarter and an all-time record, and quarterly earnings per diluted share of $3.89, up 16 percent, also an all-time record. International sales accounted for 65 percent of the quarter’s revenue.

Apple sold 77.316 million iPhones, 13.17 million iPads, and 5.112 million Macs. iPhone sales were down 1% from the year ago quarter and Mac sales were down 5%. Analysts were expecting Apple to sell about 80 million iPhones.





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