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Apple profit News

Apple iPhone sales

02 May 2018

Apple surprises with solid iPhone sales, announces $100 billion buyback

Apple bought $23.5 billion of stock in the March quarter, and said it planned to hike its dividend 16 percent, compared with a 10.5 percent increase last year.

03 May 2017

Tim Cook very optimistic about Apple's future 'remarkable' India

Acknowledging that Apple is "underpenetrated" in India, CEO Tim Cook has said the US tech giant is strengthening its local presence in the country and is optimistic about its future given the fast-growing economy and improving 4G network infrastructure in the country.

01 Feb 2017

iPhone 7 drives all-time record revenue for Apple

Riding on the success of iPhone 7 and Apple Watch, the Cupertino-based company on Wednesday announced an all-time record revenue of $78.4 billion -- with a record quarterly earnings per diluted share of $3.36 -- for the first quarter of 2017 that ended on December 31.

26 Jul 2016

Apple quarterly profit slides 27% to $7.8 billion

Apple said Tuesday its quarterly profit slumped 27 percent from a year ago to $7.8 billion on a sharp drop in iPhone sales.

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