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Apple Reports $53.3 Billion Q3 2018 Revenue as It Sold over 41 Million iPhones – ANITH
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Apple Reports $53.3 Billion Q3 2018 Revenue as It Sold over 41 Million iPhones

Apple Reports $53.3 Billion Q3 2018 Revenue as It Sold over 41 Million iPhones

Apple announced today results of its fiscal 2018 Q3, which ended on June 30, 2018, reporting a revenue of $53.3 billion from iPhone, services, and wearable sales.

The Cupertino, California-based company reports today that it made $11.5 billion profit in Q3 2018 from a total of $53.3 billion earnings as it sold no less than 41.3 million iPhone devices, but Apple says that the biggest part of the revenue comes from its wearables and services sales, the latter reaching a new all-time high once again.

Apple also reports that 60 percent of its Q3 2018 revenue of $53.3 billion is coming from international sales. The company saw an increase of 17 percent in Q3 2018 compared to Q3 2017, and Apple also reports quarterly earnings per diluted share of $2.34, meaning up 40 percent compared to the year-ago quarter.

“We’re thrilled to report Apple’s best June quarter ever, and our fourth consecutive quarter of double-digit revenue growth,” said Tim Cook, Apple’s CEO. “Our Q3 re… (read more)

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Anith Gopal
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