Apple Reports Record Revenue and Earnings for Q1 FY 2018

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Last month Apple (NASDAQ: AAPL) reported record revenue and earnings for its fiscal 2018 first quarter for the period ended December 30, 2017. The company posted quarterly revenue of $88.3 billion, a 13 percent increase year-over-year, an all-time record for the tech giant, and slightly than its previous guidance. International sales represented 65 percent of the company’s revenue for the quarter. Earnings per diluted share for the quarter were $3.89 per share, an increase of 16 percent, also a record for the company.

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