Category: Market

Historical coverage of the PC and Apple tech market by Charles W. Moore. 2004-2017.

Apple Reports First Year-Over-Year Quarterly Sales Decline Since 2003 In Fiscal Q2/16

Apple on TUesday announced financial results for its fiscal 2016 second quarter ending March 26, 2016. The Company posted quarterly revenue of $50.6 billion and quarterly net income of $10.5 billion, or $1.90 per diluted share. These results compare to revenue of $58 billion and net income of $13.6 billion, or $2.33 per diluted share, in the year-ago quarter. Gross margin was 39.4 percent compared […]