Earnings season continues today with Apple announcing its Q2 fiscal 2017 results.
Apple says that during the second quarter of its fiscal 2017, it sold 50.8 million iPhones, down slightly from 51.1 million iPhones year-over-year. iPad sales fell, too, dropping from 10.2 million units in Q2 FY16 to 8.9 million units in Q2 FY17. Mac sales grew slightly from 4.0 million in Q2 FY16 to 4.2 million in Q2 FY17.
When it comes to revenue, the iPhone got $33.2 billion in Q2 FY17, up slightly from $32.9 billion in Q2 FY16. iPad revenue fell slightly year-over-year to $3.9 billion and Mac revenue grew to $5.9 billion.
Also of note is that revenue from Apple’s Other Products category grew year-over-year, going from $2.2 billion in Q2 FY16 to $2.9 billion in Q2 FY17. The Other Products category includes Apple Watch, Apple TV, Beats products, iPod, and both Apple-branded and third-party accessories. Apple doesn’t report unit sales for this category, though.
Finally, revenue for Apple’s Services category grew from $6.0 billion in Q2 FY16 to $7.0 billion in Q2 FY17. The Services category includes Digital Content and Services (like Apple Music and the App Store), Apple Pay, Apple Care, and more.
Apple also says that it pulled in $52.9 billion in revenue, up from $50.6 billion in Q2 FY16. Net income for Q2 FY17 finished at $11.0 billion, up from $10.5 billion in Q2 FY17.
Apple will host a conference call to discuss its Q2 FY17 earnings at 2:00 pm PT/5:00 pm ET today. I’ll be listening in and I’ll update you with any interesting news that Tim Cook and Co. have to share.
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