Apple enjoys its fourth straight quarter of revenue growth in Q2 2018
by from Techreport on (#3VYHD)
Apple posted its financial results for the second quarter of 2018 (or the third quarter of its fiscal 2018) today. The company took in $53.3 billion in revenue, up 17% year-on-year, and made $12.6 billion in operating income, also up about 17% year-on-year. Net income was $11.5 billion, up 32.1% year-on-year, and gross margin was 38.3%, down about 0.2 percentage points.
iPhone shipments totaled 41.3 million, or an increase of 1% on the year. Despite the more-or-less unchanged unit shipments, Apple's handsets brought in $29.9 billion in revenue, or ...