Apparently the iPhone 8 isn’t selling as poorly as people think. In the quarter ending September 30, Apple Thursday reported revenue of $52.6 billion, an increase of 12 percent from the year-ago quarter’s $46.9 billion, and quarterly earnings per diluted share of $2.07, up 24 percent from $1.67 in 2016.
Apple sold 46.7 million iPhones, 10.3 million iPads, and 5.4 million Macs during the quarter, all healthy increases over the prior year. The Mac and iPad units both saw double-digit increases in year-over-year sales.
Perhaps more importantly, Apple’s guidance for the all-important holiday quarter is extremely strong, with a range of between $84 billion and $87 billion. That would set an all-time record that eclipses last year’s $78.4 billion. And keep in mind that Apple is extremely conservative with its guidance, so revenue could easily top $90 billion.
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