Category: Uncategorized

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Apple Reports All-time Record $18.4 Billion Quarterly Profit In First Quarter 2016

Apple on Tuesday announced financial results for its fiscal 2016 first quarter ending December 26, 2015. The Company posted record quarterly revenue of $75.9 billion and record quarterly net income of $18.4 billion, or $3.28 per diluted share. These results compare to revenue of $74.6 billion and net income of $18 billion, or $3.06 per diluted share, in the year-ago quarter. Gross margin was 40.1 […]