Cupertino, California — May 1, 2018 — Apple today announced financial results for its fiscal 2018 second quarter ended March 31, 2018. The Company posted quarterly revenue of $61.1 billion, an increase of 16 percent from the year-ago quarter, and quarterly earnings per diluted share of $2.73, up 30 percent. International sales accounted for 65 percent of the quarter’s revenue… More here.
The rumours of probable disastrous numbers for the iPhone X proved to be somewhat inaccurate and taken as a whole this is an extremely good quarter for Apple.
Complaints about the pricing, battery performance and a general dislike of the company in some quarters do not hide the fact that the products are very well made, they work as they should, the support is visible and available, and they tend to outlast rival products by a clear distance. Loyalty builds slowly and Apple is reaping the benefits of that.