Apple Q2 2017 Quarterly Report

Apple Q2 2017 - Quarterly Report Summary:


Rev = $45.4 Billion (vs $42.4 Billion a year ago quarter and
$52.9 Billion last quarter)


Total Cash = $261.5 Billion (Up $4.7 Billion for the quarter from
$256.8 Billion)


Last Quarter Sales:


iPhones Sold = 41 Mil (vs 40.4 Mil a year ago quarter and 50.8
Mil last quarter)


iPads Sold = 11.4 Mil (vs 10 Mil as year ago quarter and 8.9 Mil
last quarter)


Mac's Sold = 4.3 Mil (vs 4.3 Mil a year ago quarter and 4.2 Mil
last quarter)


Misc Notes:


First significant uptick year over year for iPad for the past few
years.


Total revenue high end of guidance - 7% increase yr over yr.


7+ sales up dramatically yr over yr vs 6S+.


Over 1.2 Billion iPhones sold all time.


iPad sales up over 15% yr over yr.


Apple Watch over 50% in June quarter (assumed vs previous
quarter).


98% satisfaction for AirPods and still not meeting demand.


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$11.7 Billion back to investors.


$7.2 Billion in dividends and


$4.5 Billion on repurchases on Shares.


Next Dividend of $0.63 per share will be paid on August 17th to
owners of Apple stock on August 14th.


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Apple is Projecting $49 Billion to $52 Billion in the current
quarter.


Last year it was $46.9 Billion in Revenue for the same quarter.


The projected increase in Revenue for the yr over yr quarter
points towards a new iPhone launch before the end of September.


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PR from Apple


PDF - Financial Statements


PDF - Data Summary