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Apple Q4 2016 Results: $46.9 Billion Revenue, 45.5 Million iPhones, 9.2 Million iPads Sold

Apple has just published their financial results for Q4 2016, which covered the three months from July through to September 2016. The company posted revenue of $46.9 billion with a quarterly net profit of $9 billion. Apple sold 9.2 million iPads, 45.5 million iPhones, and 4.8 million Macs during the quarter.

“Our strong September quarter results cap a very successful fiscal 2016 for Apple,” said Tim Cook, Apple’s CEO. “We’re thrilled with the customer response to iPhone 7, iPhone 7 Plus and Apple Watch Series 2, as well as the incredible momentum of our Services business, where revenue grew 24 percent to set another all-time record.”

Estimates for Q4 2016 and the Year Ago Quarter (Q4 2015)

Apple’s guidance for Q4 2016 fell between $45.5 billion and $47.5 billion, with gross margin estimated to be between 37.5% and 38%.

In the year ago quarter (Q4 2015), Apple earned $51.5 billion in revenue, and $11.1 billion in profit. During that quarter Apple sold 48 million iPhones, 9.9 million iPads and 5.7 million Macs.

Graphical Visualization

Below, we’ve compiled a graphical visualization of Apple’s Q4 2016 financial results.

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