Apple Company’s earnings this quarter has finally revealed

Apple Company is expected to generate between $43.5 billion and $45.5 billion this quarter, according to analysts.

Just yesterday, August 01, 2017, Apple Company had reported its third-quarter earnings (the company ends its fiscal year in September) and finally announced that they generated billions of dollars in revenue and profit.

Apple’s services has contributed much to the company’s revenue and profit such as Apple Music and iCloud storage, as well as the Apple App Store and iTunes purchases, and is now considered as the company’s second-largest business. Apple also released the best iPad it’s ever made before the end of the quarter and it also helps a lot to increase the company’s income. Also, the new Mac Laptops which was released over the last year have helped keep the computers as Apple’s second –largest hardware business, or if there has been further cannibalization from its tablet over the quarter.

CEO Tim Cook mentioned on last quarter’s earnings call that extensive media speculation about the company’s next iPhone may be dampening sales, as everyone is just waiting for the next release in Spetember. Tim Cook’s statement wasn’t intentionally to leak information about the new things to be released by the company but to inform the people so that they could have at least the idea about the release of the new product of apple.

Apple's Quarterly Revenue per Region

Apple's Stock Price since its last Earnings Report

Apple's Quarterly Revenue and Profit

Apple's Quarterly Revenue and Growth - Year-Over-Year

Apple's Quarterly iPhone Sales

Apple's Non iPhone Revenue

Apple's iPad and Mac sales

It is really a big proof that even though apple products has really high prizes, still many customers supported them because of the quality of the product that they had released.