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Apple reports record revenue of $ 78.4 billion in its first fiscal quarter of 2017 [atualizado]

As scheduled a few weeks ago, Apple has just announced its financial results for the first fiscal quarter of 2017 which comprised all of its operations in the months of October, November and December 2016, ending on 12/31.

The company reported record quarterly revenue of $ 78.4 billion record quarterly earnings and diluted earnings of $ 3.36. The results compare to US $ 75.9 billion and US $ 3.28, respectively, a year ago. International sales comprised 64% of all quarterly sales.

Apple's quarterly profit, however, fell from $ 18.4 billion in the first fiscal quarter of 2016 to $ 17.9 billion in this. This means, therefore, that the company's overall gross margin must have been reduced.

So it was the division by lines:

  • iPhone: 78.3 million units (+ 5%), $ 54.4 billion in revenue (+ 5%)
  • iPad: 13 million units (-19%), $ 5.5 billion in revenue (-22%)
  • Mac: 5.4 million units (+ 1%), $ 7.2 billion in revenue (+ 7%)
  • Services: $ 7.2 billion in revenue (+ 18%)
  • Others: $ 4 billion in revenue (-8%)

In short: iPhone, Mac and Services are doing very well, while the iPad continues to decline as seen in all the past quarters.

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

We are pleased to release our year-end quarter results with the highest quarterly revenue in Apple's history, with multiple records breaking along the way. We sell more iPhones than ever before and set new historical revenue records for iPhone, Services, Mac and Apple Watch. Services revenue grew strongly over last year, driven by record consumer activity on the App Store, and we are very excited about the products on our schedule.

Although he mentions the Apple Watch in his speech, it is worth remembering that the revenue and sales per unit of the watch are not accounted for separately in Apple's quarterly results. It falls under the category "Others".

Here, the statement by the CFO, Luca Maestri:

Our incredible business performance resulted in a historic record in earnings per share, and more than $ 27 billion in operating cash flow. We returned almost US $ 15 billion to investors through the repurchase of shares and payment of dividends during the quarter, bringing cumulative payments through our capital return program to more than US $ 200 billion.

Looking ahead to the second fiscal quarter of 2017, Apple predicts revenue between $ 51.5 and $ 53.5 billion, gross margin between 38% and 39%, operating expenses between $ 6.5 and $ 6.6 billion, other income / (expenses) of $ 400 million and a 26% tax rate.

Apple's board of directors declared a cash dividend of $ 0.57 per share of the company, payable on February 16, 2017 to all registered shareholders until the end of business on February 13, 2017.

In moments, starting at 8 pm (for the summer time in Brasilia), Apple will broadcast a conference live to publicize / comment on all these financial results. Tomorrow, we will post here on the website a summary with the main highlights of what to scroll by.

Update · 01/31/2017 s 19:48

Wall Street seems to have received Apple's numbers well. In NASDAQ's post-closing negotiations, AAPL is already rising about 2.5%, quoted at almost $ 125.