Apple sold 50.7M iPhones in Q2, down from 51.2M last year, 8.92M iPads, down from 10.2M, 4.19M Macs, up from 4.03M; services revenue grew to $7.04B, 18% YoY
below expectations Shara Tibken / CNET : Apple's iPhone unit sales take a surprising fall Caitlin McGarry / Macworld : Apple in Q2: Sold fewer iPhones than last year, but also made more money Anya George Tharakan / Reuters : Apple posts surprise fall in iPhones sales Andy Weir / Neowin : Apple Q2 2017: iPhone sales fell slightly, iPad sales fell further, but profits were up Rachel Kaser / The Next Web : Apple is making more money selling fewer things Todd Bishop / GeekWire : iPhone and iPad sales dip as Apple's cash balance climbs to record $256.8B Etan Vlessing / Hollywood Reporter : Apple Beats Quarterly Earnings Expectations Joe Rossignol / MacRumors : Apple Reports 2Q 2017 Results: $11B Profit on $52.9B Revenue, 50.8M iPhones Shawn Knight / TechSpot : iPhone shipments dip slightly as consumers wait for next-gen models Brittany A. Roston / SlashGear : Apple's Q2 2017 revenue is up despite a slump in iPhone sales Nathan Ingraham / Engadget : iPhone sales continue their slow and steady slide Chris O'Brien / VentureBeat : Apple sold fewest iPads in a quarter since the tablet's first year Jan Dawson / Tech Narratives : Apple Reports Continued Revenue Growth, Slight Dip in iPhone, Strong Services Eric David / SiliconANGLE : Amid declining iPhone sales, Apple stock drops from all-time high Mike Flaminio / Insanely Great Mac : Apple quarter report sees iPhones, iPads sag, Macs, services grow Alex Wagner / PhoneDog.com : Apple shares fiscal Q2 2017 results, including 50.8 million iPhones sold Bloomberg : New link at Bloomberg Nick Statt / The Verge : Apple sold fewer iPhones this quarter but made more per device Evan Selleck / iPhone Hacks : Apple Announces Q2 2017 Revenue of $52.9 Billion With 50.7m iPhones, 8.92m iPads, and 4.19m Macs Ina Fried / Axios : Apple earnings topped estimates, though iPhone sales were below expectations Jeff Kampman / The Tech Report : Services are Apple's bright spot in a mostly flat fiscal Q2 Ben Popper / The Verge : Apple's earnings show modest growth, but sales of iPhones are flat Adam Samson / Financial Times : Apple iPhone sales slightly shy of Wall St estimates Kif Leswing / Business Insider : Apple stock drops after it misses on revenue, signals softness ahead Danbo / MAC blog : Apple2017...529..1101.2.10.506..1051.1. 90...39.4%38.9%..65% Tweets: Horace Dediu / @asymco : Watching Apple's cash on hand misses the entire picture. http://twitter.com/... Jon Erlichman / @jonerlichman : Apple's Second Quarter Revenue: (Every 10 Years) Q2 2017: $52.9 billion Q2 2007: $5.3 billion Q2 1997: $1.7 billion Neil Cybart / @neilcybart : iPhone unit sales: 50.8M iPad unit sales: 8.9M Mac unit sales: 4.2M Dan Frommer / @fromedome : Apple's services business is its fastest-growing segment. That's... not great. https://www.recode.net/... pic.twitter.com/yxWJGg3t5p Ben Bajarin / @benbajarin : Apple's services is up YoY, down slightly from Q1. China off -14 YoY leading to a big fall swing likely. Neil Cybart / @neilcybart : “Other Products” revenue was up 31% year-over-year hints at good Apple Watch (and AirPods) sales. Neil Cybart / @neilcybart : Apple's board increased share buyback authorization by $50B. Arik Hesseldahl / @ahess247 : Services revenue growth at $AAPL is a good thing. Every tech company is trying to grow services. http://www.techmeme.com/... Christopher Mims / @mims : What if Apple becomes the world's first trillion-dollar company simply by stacking up its profits to a trillion dollars in cash http://twitter.com/... Arik Hesseldahl / @ahess247 : If you bought $AAPL at any time in the last five years it was to beat the market and for the dividend.pic.twitter.com/T07WqIy5a3 Jan Dawson / @jandawson : Tale of two businesses at Apple - Services and iPad trends very differentpic.twitter.com/H5vBr8EiMx Jan Dawson / @jandawson : How Apple's business has changed over 5 years: iPhone went from ½ to ~ of revenue, Services from 8% to 12%, iPad+Mac 36% to 19% Alexei Oreskovic / @lexnfx : $50 billion in additional stock buybacks seems to be providing some ballast to Apple stock after revenue miss and soft guidance.