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Apple quarter profit reports are out

Apple has announced the quarter profit report of the company, during the last three months of 2017. The reports revealed that the company has made its biggest quarter in its history, by making $55.3 billion. On a YoY note, the figure made a 13 percent increase from2016. The report from California based tech giant however revealed that their iPhone sales were slipped to 77.3 million during the same quarter. The figure is about one million fewer than that of, which the company had made in the year 2016.

However, Apple chief Tim Cook maintained that newer iPhone models have delivered a better traction. Though Apple’s most expensive smartphone, iPhone X hasn’t made the expected interest in the market, the flagship model however performed better that what industry had anticipated.

Ajith: AJith, Author at Mixindia.com. Over 5 years experience in news content writing.
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