25-10-2016 22:32

Apple posts Q4 2016 earnings: $46.9 billion in revenue amid strong iPhone sales

It's earnings season and all eyes in the tech world were laser focused on Apple today as the iPhone maker posted its earnings results for the recent September quarter. After the bell, Apple released its Q4 2016 earnings report and posted revenue of $46.9 billion and a net quarterly profit of $9 billion . With respect to overall earnings per share, Apple posted EPS of $1.67. By way of contrast, Apple during the year-ago quarter posted revenue of $51.5 billion and a quarterly profit of $11.1 billi
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