Apple Posts Strong Q4 2017 Financial Results

Apple Posts Strong Q4 2017 Financial Results

IPhone sales were once again top of mind when Apple released the earnings report for its fiscal fourth quarter Thursday, and the company didn't disappoint investors: Apple sold 46.7 million iPhones during its most recent quarter, which is 1.2 million more than during the same time a year ago.

Of note - this quarter included the start of iPhone 8 and iPhone 8 Plus sales, but comes before the iPhone X went on sale.

Analysts have been eager to see whether Apple will be able to balance supply and demand for the iPhone X during the crucial holiday quarter, with most saying it will likely take Apple until next year or early spring to do so.

Apple opened pre-orders for the iPhone X on October 27 and has said demand has been "off the charts", although some analysts have been anxious about supply chain issues that might prevent the company from making enough phones to satisfy demand.

Analysts were projecting Q1 revenue of $85.31 billion.

Buffalo Bills: Kelvin Benjamin trade brightens future
Despite all this, it is worth mentioning that Newton did enjoy his MVP season in 2015 with Benjamin sidelined for the year. In exchange for the 6-foot-5 pass catcher, the Panthers receive a 2018 third- and seventh-round pick.

A larger queue formed around Apple's Sydney store for the iPhone X than the iPhone 8, released last month. Revenues were also higher than in Apple's record-setting Q4 in 2015, which saw $51.5 billion come in, but the company's $11.1 billion in profit that year bested this year's number.

Apple's upbeat results suggest the company is on track to deliver the biggest profit ever recorded by a United States company in the next quarter, which included the all-important holiday shopping season and the release of its latest iPhone.

The most immediately noticeable change to the iPhone X from previous models is the removal of the physical home button and fingerprint sensor that customers use to unlock the device.

A merchant at the Huaqiangbei electronics hub in Shenzhen, who was offering an iPhone look-a-like called the "E-Feng X" from 1,599 yuan, said sales volumes were "very good".

Analysts are expecting Apple to ship 80 million iPhones during the current quarter, which includes the crucial holiday shopping season, according to FactSet.

Love Jihad: Hadiya told to appear in SC on Nov 27
The woman, a Hindu, had converted to Islam and later married a man called Shafin Jahan. Asokan said: "It does not matter to me which faith my daughter decides to choose".

Apple forecast fiscal first-quarter revenue of $84 billion to $87 billion.

Apple fiscal 4th quarter sales results are in with a return to growth in the smartphone, tablet, and notebook markets.

Wang Hao, a 24-year-old engineer in the northeastern port city of Dalian, said he ordered the new phone despite the high price tag.

The only negative percentage was in unit and revenue change from last quarter to this quarter in iPads. By comparison, Apple shipped almost 217 million iPhones in its just-completed fiscal 2017.

Pakistan PM tells Tillerson it has 'produced results' in fighting terrorism
We are going to chart our course consistent with what Pakistan not just says they do but what they actually do", Tillerson said. The foreign minister was referring to allegations levelled against the country on harbouring terrorists.

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