Apple smashes another fiscal record, reaches 17% increase in revenue

Apple announced its financial results for the quarter between April and June. Cupertino amassed $53.3 billion of revenue, 17% more than the same period last year. This is “the best June quarter ever and our fourth consecutive quarter of double-digit revenue growth,” Tim Cook added.

All four geographic regions posted revenue growth YoY with international sales accounting for 60% of sales, with the other 40% coming from the domestic US market.

Apple sold over 41 million iPhones between April and June, gathering nearly $29.9 billion in revenue, reaching and average retail…


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