The continuous iPhone success has given American Apple a record turnover in its past quarter. A significant increase in smartphone sales in 2016’s final quarter helped it soar.
Nearly 80 million iPhones sold
In its broken fiscal year, Apple’s total first quarter turnover reached 78.4 billion dollars (73 billion euro), up 3 % compared to 2015 thanks to the astonishing 78.3 million iPhones it sold (up 5 %). Unfortunately for the company, iPad sales dropped 20 % and Mac sales stabilized. Net profit also dropped 2.5 % to 17.9 billion dollars (16.5 billion euro).
In the fall, Apple launched its iPhone 7 with strong sales in the United States, Canada, Western Europe, Japan and Australia. Chinese sales slumped 12 % because of local brands’ increased competition.
For its current quarter, Apple forecasts a 51.5 to 53.5 billion dollar (48 to 50 billion euro) turnover, slightly below analyst expectations at 54 billion dollars.
