The iPad arrested its long slide in Apple's fiscal third quarter
by from Techreport on (#2Y3MJ)
Apple announced its financial results for the third quarter of its fiscal 2017 today. The company took in $45.4 billion in revenue, up 7% year-over year, and posted operating income of $10.8 billion, up 6.6% from a year ago. Net income rose 11.8% to $8.7 billion, up from $7.8 billion a year ago. Gross margin was 38.5%, up slightly from a year ago.
iPhone sales grew 2% to 41 million units, up from 40.4 million a year ago. iPhone revenue totaled $24.8 billion, up 3% on the year. iPad sales grew for the first time in recent memory. The company moved 11.4 million units, up from about 10 million ...