Iphone, ipad sales surprisingly flat, but Apple still soars to record revenue in first quarter
It’s all about iphone X.
If the iphone X is slumping ( go. macworld.com/slmp), it’s sure not affecting Apple’s bottom line. In the quarter ending December 31, 2017, Apple reported ( go.macworld.com/aprp) a record revenue of $88.3 billion, a 13 percent increase over last year’s $78.4 billion (which was also a record). Additionally, Apple posted an all-time record quarterly earnings per diluted share of $3.89. And that’s with one less week of sales over last year’s first quarter.