Apple: 46.7 million iPhones sold, Profit of 10.7 billion in Q3 2017

Apple announced that it sold 46.7 million iPhone phones, 10.3 million iPad tablets and 5.4 million Macs in Q3 2017, collecting 52.6 billion dollars, with a profit of 10.7 billion dollars. We are talking about an increase of almost 7 billion dollars in receipts and almost 3 billion dollars in profit compared to T3 2016 for the Apple company, a sign that everything is on the rise for the American company.

iPhone phone sales increased by 1 million units compared to Q3 2016, iPad tablet sales increased by 1 million units, Mac sales also increased by 500.00 units. All in all, we are talking about a fiscal quarter with small but important increases for Apple, and this is because we see a new increase in sales of iPad tablets, although we are talking about stagnation for iPhone phones.

Apple collects T3 2017 products

Going over the fact that iPhone sales increased very little compared to T3 2016, we must praise the fact that sales of iPad tablets registered the second consecutive quarterly increase, after more than a year of declines. And for Macs, we are talking about very good news, because despite the high prices, the Apple company still convinces customers to buy its computers, and that says a lot about the customer base.

iPhone 8 does not was the success that some analysts were expecting, and that's because it has always been in the shadow of the iPhone X, and that won't change soon, as you probably already imagine. The iPhone X will still recover to a certain extent the sales lost by the Apple company in T3 2017, but only if there will be stocks to cover the current demand on the market.

Apple collects T3 2017 products 1

For Q4 2017, or Q1 2018 for Apple, we are talking about a revenue estimate of up to 87 billion dollars, with iPhone sales to exceed 80 million units, if there are stocks.

"Apple today announced financial results for its fiscal 2017 fourth quarter ended September 30, 2017. The Company posted quarterly revenue of $52.6 billion, an increase of 12 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.07, up 24 percent. International sales accounted for 62 percent of the quarter's revenue."