Norfolk Business Awards 2018

Apple sees revenues rise after selling 41 million iPhones in three months

PUBLISHED: 09:24 02 August 2017 | UPDATED: 09:24 02 August 2017

The new iPhone 8 and 8 plus go on sale in the UK today. (AP Photo/Marcio Jose Sanchez, File)

The new iPhone 8 and 8 plus go on sale in the UK today. (AP Photo/Marcio Jose Sanchez, File)

Copyright 2017 The Associated Press. All rights reserved.

Technology giant Apple beat analysts’ expectations in its latest financial results as the firm’s revenue rose 7% on last year.

The iPhone maker announced revenue for the last quarter of $45.4bn (£34.4bn), up on the $42.4bn (£32.1bn) posted a year ago.

Market analysts had predicted revenue of around $44.95bn (£34bn).

The company’s net income also increased to more than $8.7bn (£6.5bn) – compared to $7.8bn (£5.9bn) in the same period in 2016.

The firm’s chief executive Tim Cook said: “With revenue up 7% year-over-year, we’re happy to report our third consecutive quarter of accelerating growth and an all-time quarterly record for services revenue.

“We hosted an incredibly successful worldwide developers conference in June, and we’re very excited about the advances in iOS, macOS, watchOS and tvOS coming this fall.”

In September, Apple is expected the launch the next version of the iPhone, with up to three new devices rumoured to be on the way.

Reports suggest a special edition smartphone to mark the iPhone’s tenth anniversary could be unveiled alongside the iPhone 7s and 7s Plus.

Apple sold more than 41 million iPhone handsets in the last quarter, as well as 11.4 million iPad units.

The tech giant will also launch a new product line in December, when its HomePod smart speaker – complete with virtual assistant Siri integrated into the device – goes on sale to rival the likes of the Amazon Echo and Google Home.

Search hundreds of local jobs at Jobs24

Management Jobs

Show Job Lists

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter

Our Privacy Policy


Our region has built a strong reputation for being at the forefront of developments in the agricultural and energy sectors, with technological advances that are setting the pace for these industries across the UK.

Financial advisory firm Almary Green explains when and why some pensions are taxable.

Celebrating Success


Enjoy the
Celebrating Success
digital edition


Green 100


Enjoy the Green 100
digital edition


Meet the Team

Mark Shields

Business Editor


Chris Hill

Agricultural and Farming Editor


Business Most Read


Norfolk Future 50 EDP Business Awards Green 100