Apple collects a whopping $88.3 billion revenue in the last quarter – Thanks to iPhone X’s high price!
Apple after having a great holiday season, has released the financial results for its last year’s earnings till December 30, 2017. The results show that a quarterly revenue of $ 88.3 billion was collected which subjects to an increase of 13 percent from that of last year. International sales accounted for 65 percent of the quarter’s revenue, which itself is a record. Apple’s CEO, Tim Cook spoke about the progress:
We’re thrilled to report the biggest quarter in Apple’s history, with broad-based growth that included the highest revenue ever from a new iPhone lineup. iPhone X surpassed our expectations and has…