Apple increases sales and profits each five percent

Apple in his second fiscal quarter 2017 which ended on 1 April, turnover and profit increased – remained but in terms of sales slightly below expectations of Wall Street back. Nachbörslich was the Akienkurs by two percent.

 Apple (image: Apple)

investors distracted in particular the declining sales of iPhones as compared to the same period last year, which accounted as the most important product for almost 63 percent of the total sales. Compensation provided however, that the manufacturer managed to get proportionally more were smartphones and thus also with iPhones scored still a one percent increase in sales. A possible explanation for the numerical decline in Apple’s CEO Timothy D. Cook regards circulating rumors about an upcoming iPhone 8, which could differ substantially from the models changed little for years.

a total Apple scored a turnover of 52.9 billion dollars, representing an increase of almost 5 percent compared to the $50.6 billion earned in the same quarter last year. The iPhone maker by 5 percent could put on 11 billion dollars or 2.10 dollars per share in net income. Growing Mac sales contributed to the increased sales while iPad the sales considerably decreased. Cook also stressed the “strong momentum in the business with our services”. This Division achieved a sales increase by 18 percent to $7 billion.

the international sales contributed 65 percent to the quarterly earnings. In its Outlook, the company remained usual careful and predicted a turnover of 43.5 billion and $45.5 billion for the current quarter. The consensus of Wall Street so far amounted to $45.65 billion.

Apple also announced a quarterly dividend increased by 10.5 percent to 0.63 dollars. The share buyback will be expanded from the already announced $175 billion to $210 billion.

despite dividend payments and the iPhone maker currently has a cash position of $257 billion share buyback. Analysts suspect are stashed away, an estimated 90 percent in other countries. A repatriation to the United States incurred relatively high corporate taxes, whose drastic lowering the Trump Government however has promised. It is waiting for Apple – come at a significantly reduced rate of tax, it could employ this means also for major acquisitions in the United States. Speculation is even about a possible acquisition by Disney, with the Apple in the media business could establish itself.

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