News You might have missed: Week of February 2, 2018

on February 2, 2018
Reading Time: 5 minutes

Earnings Thursday!

Apple

  • Revenue reached $88.3 billion, growing 13% over Q1 FY2017 and above the high end of Apple’s guidance.
  • This quarter was a week shorter than 2017: average revenue per week was up 21%.
  • Apple’s business is growing in all product categories and in all regions worldwide.
  • Apple’s installed base hit 1.3 billion devices in January, up 30% in just two years.
  • iPhone saw its highest revenue ever.
  • Apple returned $14.5 billion to investors during the quarter.
  • In the March quarter, Apple expects revenue to be between $60 billion and $62 billion.
This article requires a Think.Tank subscription, click here to learn more or sign up below.

Pick Your Plan

Monthly Membership to the Think.Tank
$10/mo
  • Four Weekly Exclusive Analysis and Research Focused Articles (16 Subscriber exclusive articles per month)
  • Exclusive subscriber email with featured daily Think.Tank Article
  • Full Access to the Think.tank Archive and enhanced Search
  • Private Slack Channel for discussions amongst members and Tech.pinions Authors
  • Corporate or Bulk Discounts Available
  • Exclusive Private RSS Feed
Annual Subscription to the Think.Tank
$100/yr
  • Four Weekly Exclusive Analysis and Research Focused Articles (16 Subscriber exclusive articles per month)
  • Exclusive subscriber email with featured daily Think.Tank Article
  • Full Access to the Think.tank Archive and enhanced Search
  • Private Slack Channel for discussions amongst members and Tech.pinions Authors
  • Corporate or Bulk Discounts Available
  • Exclusive Private RSS Feed
Subscribe to Apple Specific Articles and Analysis
50/yr
  • Subscribe to Apple Only Articles and Analysis
  • Four to Five Articles a Month
  • Receive Email Only Delivery (no archive access)
  • Articles will be less frequent than the full subscriber access