Apple Strikes Gold: Shares Surge Over 3%
Despite a dip in iPhone sales during the holiday rush, Apple just dropped a bombshell: record‑breaking revenue and a killer profit haul. The tech behemoth, now worth a staggering $860 billion, sold 77.3 million iPhones in the final quarter of 2017—slightly down from the previous year, but still impressive.
Why the Numbers Matter
- Revenue: $88.3 billion (up from $78.4 billion YoY)
- Profit: a staggering $20.1 billion
- iPhone X: Tops sales charts week after week since launch
- Active Device Base: 1.3 billion – a 30% jump in just two years
CEO Tim Cook Spills the Beans
“We’re thrilled to report the biggest quarter in Apple’s history,” Cook said. “It’s not just about the new iPhone lineup; we’re seeing the highest revenue ever from that lineup and confirming we’re selling the #1 iPhone every week.”
Cook also highlighted the milestone of reaching a 1.3 billion‑device active base, a testament to the brand’s loyal fan‑base and product appeal.
Next‑Quarter Warnings
While the headline figures are blistering, Apple has issued a slightly softer sales forecast for the months ahead, hinting that the next wave of growth may plateau just a bit.
Stay tuned for more updates, and keep humming the “Apple” theme music in your pocket—because the buzz isn’t stopping anytime soon!
