Apple Lossless Audio CODEC (ALAC), announced this evening financial results for Q3 2017, and now Tim Cook and the vice president of the financial division discuss what the American company achieved in the fiscal quarter ended on September 30. According to those from Apple, iPhone, iPad and Mac sales have increased compared to T2 2107 and T3 2016, receipts and profit having exactly the same evolution, those from Apple continuing on an upward trend.
iPhone sales experienced a somewhat more modest increase, but this was to be expected, because the iPhone 8 failed to attract the interest of customers before the launch of the iPhone X on global markets. The iPad, on the other hand, is becoming more and more interesting, just like the Macs, and so the Apple company can boast of new revenue and profit records thanks to its products, and the situation will continue in the next fiscal quarter.
This is the most important information announced by Apple in the audio conference where it is currently discussing the financial results for Q3 2017:
- China recorded, for the first time in the last fiscal quarters, a substantial increase in sales, especially for the iPhone.
- India is also a market where Apple has a positive development in this fiscal quarter.
- iPhone sales exceeded Apple's expectations, iPhone 8 and iPhone 8 Plus are praised, although they did not have such a good launch.
- iPhone X has extremely high pre-orders, and Apple says it is trying to please all customers.
- iPhone 7 does not sell better than iPhone 8, contrary to media speculation.
- In 2017, Macs generated the highest revenues for this category in Apple's history.
- Apple Watch sales increased by more than 50% for the third consecutive fiscal quarter.
- Sales of Apple wearables increased by 75% compared to 2016.
