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re: Apple Earnings Report

Posted on 4/27/16 at 8:42 am to
Posted by C
Houston
Member since Dec 2007
27844 posts
Posted on 4/27/16 at 8:42 am to
$6B in revenue for the quarter and 20% growth. It's about diversifying their income. Yeah it's not sexy but this will help them through lulls in their hardware offerings.
Posted by windshieldman
Member since Nov 2012
12818 posts
Posted on 4/27/16 at 8:43 am to
Oh joy, this morning is so brutal.
Posted by Ole War Skule
North Shore
Member since Sep 2003
3409 posts
Posted on 4/27/16 at 9:03 am to
quote:

$6B in revenue for the quarter and 20% growth.


"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"
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