Making Iphone Sales Company Achieves Largest Revenue Appeal Previous Year

Equityworld Futures, San Francisco - The technology company from the United States (US), Apple announced the sleek performance in the fourth quarter of 2016 ago. Driven by sales of the iPhone 7 is selling well.

Apple's earnings in the fourth quarter of 2016 was down 2.6% to US $ 17.9 billion. However, sales figures rose iPhone 7.

Apple's revenue in the period hit a record of US $ 78.4 billion, compared to the same period the previous year of US $ 75.9 billion. This is the largest quarterly revenue in the history of Apple.

Sales of the iPhone 7 is above this estimate makes Apple shares rose more than 3% to US $ 125.19 per share in stock trading on Tuesday. Apple sold 78.3 million iPhone units 7 in the fourth quarter of 2016, up 5% from the same period the previous year.

This performance growth rate erase doubts related investor sales of the iPhone 7.

"We vibrate reported that Apple generates the highest revenue in the last quarter yesterday, and broke a number of records. We sell the iPhone more than ever before, and we recorded revenue hit a record for the iPhone, services, Mac, and Apple Watch," said Apple CEO, Tim Cook, quoted by AFP on Wednesday (02/01/2017).

In addition, Apple's revenue from online services and digital content is also growing stronger, because of customer activity in the App Store.

However, Apple's revenues from markets in China fell 12% to US $ 16.2 billion. Though China is one of Apple during this important market.

From the results of the performance, seen Apple still relies heavily on sales of the iPhone. Some analysts said, Apple should begin to shift its dependence in the midst of the smartphone market is not stable at this time, and competition are more stringent.

Apple announced, revenue from services grew 18% to US $ 7.2 billion in the fourth quarter of 2016. While revenue from sales of other products including Apple Watch is US $ 4 billion.


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