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Apple closes its second fiscal quarter of 2017 with revenue of $ 53 billion and 51 million iPhones sold [atualizado]

As predicted, Apple has just revealed its financial results for the fiscal second quarter 2017, completed on April 1.

In disclosing the results for the first quarter, the company had predicted that it would close this with revenues between US $ 51.5 and US $ 53.5 billion. She closed the period in $ 52.9 billion, with net profit of $ 11 billion and earnings per diluted $ 2.10. The results compare to $ 50.6 billion, $ 10.5 billion and $ 1.90, respectively, a year ago. International sales comprised 65% of all quarterly sales.

The numbers by product lines:

  • iPhone: 50.8 million units (-1%), $ 33.2 billion (+ 1%)
  • iPad: 9 million units (-13%), $ 3.9 billion (-12%)
  • Mac: 4.2 million units (+ 4%), $ 5.8 billion (+ 14%)
  • Services: $ 7 billion (+ 18%)
  • Others: $ 2.9 billion (+ 31%)

In the second fiscal quarter of 2016, a complicated one for Apple, it had sold 51.2 million iPhones. In other words, the reduction to a negative 50.8 million (Wall Street bet on 52 million) although the actual revenue grew by 1%, probably driven by a higher sale of Plus models. iPads continue in the same decline that we have seen for several quarters, Macs did very well and the Services / Others duo is better than ever.

Here is the statement by the executive director (CEO), Tim Cook:

We are proud to announce a strong March quarter, with revenue growth accelerating since the December quarter and continued robust demand for the iPhone 7 Plus. We have seen a great response from consumers to both models of the new iPhone 7 (PRODUCT) RED Special Edition and are pleased with the strong momentum of our Services business, with the highest revenue in history for a 13-week quarter. Looking ahead, we are excited to host participants from around the world at our annual Worldwide Developers Conference, next month, in San Jose.

And the chief financial officer (CFO), Luca Maestri:

We generated an operating cash flow of $ 12.5 billion and returned more than $ 10 billion to our investors in the March quarter. Given the strength of our business and our confidence in the future, we are happy to announce today another $ 50 billion increase to our capital return program.

With this new increase, already approved by Apple's board of directors, the program will be extended for another four quarters and have paid a total of $ 300 billion by the end of March 2019. Since August 2012, it has returned $ 211 billion to shareholders including $ 151 billion in share repurchases.

Apple's board also approved a 10.5% increase in the company's quarterly dividends, now declaring a dividend of $ 0.63 per Apple common, payable on May 18, 2017 to all shareholders registered at closing. on May 15, 2017.

Looking ahead to the third fiscal quarter of 2017, Apple predicts revenue between $ 43.5 and $ 45.5 billion, gross margin between 37.5% and 38.5%, operating expenses between $ 6.6 and $ 6 , 7 billion, other $ 450 million in income / (expenses) and a 25.5% tax rate.

As always, Apple will start at 6:00 pm, in Braslia's schedule, a live audio conference to discuss these numbers and answer questions from analysts / journalists. O MacMagazine make a compilation of all the highlights that roll over there later, stay tuned!

Update · 05/02/2017 s 17:53

Wall Street's immediate reaction to Apple's results no it was good: At this time, $ AAPL falls 1.66% in NASDAQ post-close trading, now quoted at $ 145.02.

Today it closed higher for the second consecutive day, setting a new historical record for the company.