Apple Lossless Audio CODEC (ALAC), just announced financial results for an extremely good Q2 2017, with top-line sales increases for all of its major products. It is true that we are not talking about colossal increases in sales, but even so Apple managed to show analysts better results than expected, especially in terms of revenue and profit, but even sales of iPad tablets.
Apple managed to increase sales of iPad tablets, from one fiscal quarter to another, for the first time in the last 2 years, a sign that there is still hope for this product line. In the rest, only the decrease in sales in China is worrying, because otherwise the Apple company only registered a modest increase compared to T2 2017 and announces a T3 2017 that will be full of very interesting surprises.
Apple announced that it expects revenues of up to 52 billion dollars in Q3 2017, so the launch of the iPhone 8 is expected to bring substantial revenues in September. Apple is currently presenting its financial results for Q2 2017 and the article will be constantly updated with important news.
- 1.2 billion iPhones were sold in 10 years.
- Apple Watch sales increased by 50%.
- The production of AirPods headphones has been increased to be able to honor all orders.
- The average selling price of the iPhone increased to $606, compared to $595 in Q2 2016.
- 185 million people pay subscriptions for iCloud services, or Apple music, 20 million more than in Q1 2017.
- Apple has 261 billion dollars in its monetary reserve.
