Apple’s Q3 figures were better than expected, reports AppleInsider. The company posted $42.4 billion in revenue, and quarterly net income of $7.8 billion.
It was iPhone sales that helped Apple to achieve a higher result than expected, with Apple shipping 40.4 million units in total in the June quarter, which was a better result than the $42.2 billion in revenue and 40 million iPhones sold predicted by Wall Street.
Despite this slight increase, June quarter sales were down from 47.5 million iPhones one year ago, representing a decrease of 15%. Revenue was down from the year ago amount of $49.6 billion.
As far as iPad sales were concerned, the higher average selling price of the iPad Pro meant that Apple still enjoyed a 9% increase in revenue, despite seeing a 7% decrease in total sales, with just under 10 million units sold in Q3.
Source: Apple's Q3 beats expectations with $42.4B in revenue, 40.4M iPhone sales