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Apple Inc  (AAPL)
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    Sector  Technology    Industry Computer Hardware


Earnings and Sales Increased

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Apple Inc announced second quarter 2017 operating income of $14097 millions, revenue expected to reach $232,214 millions, for the Year

Apple Inc had second quarter 2017 Sales increase of 4.63 % to $52.90 billions from $50.56 billions from the same quarter a year ago, company grew eps by 10.53 % to $2.10, from $1.90 in the prior year quarter.

In the previous quarter company realized Sales of $78.35 billions and bottom line of $3.36 per share.

Computer Hardware company explained it's rise in sales, by surge in Asia or Pacific division, additional expansion was in Americas, Europe, Asia or Pacific, Mac sales, iPhone or Related Products segment, but sales in iPad segment fell -22.94%.
Wide-spread earnings growth in Americas, Europe, Asia or Pacific segment, cumulated into 4.88 % bottom line increase for Apple Inc. Second quarter net income was $11,029 millions, an improvement from $10,516 millions in the same quarter a year ago. Although operating margin fell to 26.65%, in the second quarter 2017, the company's net margin actually improved to 20.85%. Company provided revenue outlook in the range between, $231,214 millions and $233,214 millions.

Analysing further company's results, an astounding rise of 35.03% in iPhone Units Sold to 47,534.00 thousands explains the second quarter 2017 performance.
Continuing with Apple Inc's second quarter 2017 report, company pointed out increase in: Total Macintosh Avg. Sales Price ($) 1,257.30 up 0.15 %.
While on the other hand, declines were in: iPad Avg. Revenue per unit 415.15 -6.41 %.
While following 2 indicators decreased catastrofaly: iPad Units Sold -17.66 %. Worst was: iPad Units Sold.
Other AAPL's Earnings Reports

Apple Inc reported first quarter 2016 earnings

Apple Inc reported forth quarter 2016 earnings

Apple Inc reported third quarter 2016 earnings

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