photo InternetUA
Apple reported on its financial results for the past quarter, reporting revenue of $ 45.4 billion. Analysts predicted revenue of $ 44.89 billion. Against the backdrop of these news, shares of the corporation added 5%. Net income of Apple reached in the reporting period $ 8.7 billion compared to $ 7.8 billion for the same period a year earlier.
The financial director of Apple said that sales growth was observed for all products of the company. Global sales of smartphones, in particular, increased by 2%, which means 41 million of devices shipped to commercial networks. At one of the key markets - in China - there was a decrease in revenue by 10%. "The situation will change in September," says Apple's chief executive. Sales of smart watches grew noticeably, Macs and tablets were also sold well.
The money reserves of Apple amounted to $ 261.5 billion. Currently, the company's capitalization exceeds the figure of $ 780 billion.