Apple Q4 revenue tops $100 bn for first time
Riding on the stellar performance of iPhones, wearables and services in the festive December quarter, Apple has posted all-time record revenue of $111.4 billion in its history, up 21 per cent year over year, and quarterly earnings up 35 per cent.
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California: Riding on the stellar performance of iPhones, wearables and services in the festive December quarter, Apple has posted all-time record revenue of $111.4 billion in its history, up 21 per cent year over year, and quarterly earnings up 35 per cent.
The iPhone business performed extraordinarily well, registering over $65 billion in revenue. The previous all-time record for iPhone revenue in a quarter was $61.58 billion, which Apple recorded in the first quarter of fiscal 2018. International sales accounted for 64 per cent of the December quarter's revenue for Apple, the company said in a statement on Thursday.
"This quarter for Apple wouldn't have been possible without the tireless and innovative work of every Apple team member worldwide," said Apple CEO Tim Cook.
