Apple just announced its fiscal third quarter earnings and as usual offered some stats on progress since last checking in. Among the notables: the company’s revenue in China is up 112%, it returned $13 billion to shareholders through its capital return program, and it sold a record number of iPhones and Macs during the quarter. The company, citing its own research, noted that users switching from Android to iPhone was at an all-time high, while giving us some insight into Apple Watch usage. Head below for the full roundup of numbers from today’s earnings call:
-$202.8 billion in cash (over $200B for the first time)
-$49.6 billion revenue/$10.7 billion profit
-47.5 million iPhones sold (revenue up 59% from last year)
-10.9 million iPads sold (revenue down 23% from last year)
-4.7 million Macs (revenue up 9% from last year)
-$5 billion revenue for services (iTunes, AppleCare, Apple Pay, licensing and other services.)
-App Store revenue more than doubling during quarter
-Greater China revenue up 112% (vs 33% growth for Apple worldwide)
–iPhone sales up 85% in China and India
-$13 billion returned to shareholders
–$15 billion cashflow from operations
-iPhone revenue up 59 percent over last year
–456 total retail stores, 190 outside US
-40 stores to open in China next year
-94% of Apple Watch users wear and use it regularly
-Android switchers at an all-time high
-1.5 million Apple Pay locations by end of year
–United giving iPhones to 20,000 flight attendants
-13 new enterprise apps through IBM partnership, 100 total by end of year
-15,000 artists are signed up for Apple Music Connect feature
-700 universities and colleges will begin accepting Apple Pay this year
-Guidance for the fourth quarter: between $49 billion and $51 billion in revenue
More coming… refresh please
