I’m helping the Six Colors team with Apple financial coverage today. Come hang out.
From July to September, the company posted revenue of $46.9 billion with a quarterly net profit of $9 billion. Apple sold 9.3 million iPads, 45.5 million iPhones, and 4.8 million Macs during the quarter.
It also made a record $6.3 million in services. 9.3 million iPads is a record low for the tablet.
The company is issuing another cash dividend:
Apple’s board of directors has declared a cash dividend of $0.57 per share of the Company’s common stock. The dividend is payable on November 10, 2016 to shareholders of record as of the close of business on November 7, 2016.
2016 marks the company’s first annual revenue decline since 2001. Annual revenue has fallen from $233.7 billion in 2015 to $217 billion in the 2016 fiscal year.
Ok. Here are some charts: