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Apple announced revenue records for the fiscal year of 2016 Q1. And posting a record of quarterly revenue of 75.9 billion USD and record quarterly net income of 18.4 billion USD. International sales accounted for 66% of the quarter's revenue.
"Our team delivered Apple's biggest quarter ever, thanks to the world's most innovative products and all time record sales of iPhone, Apple Watch and Apple TV" - Tim Cook, CEO of Apple Inc.Apple's estimations for the Q2 of 2016
- Revenue between 50 Bn USD and 53 Bn USD
- Gross margin between 39% - 39.5%
- Operating expenses between 6 Bn USD - 6.1 Bn USD
- Tax Rate of 25.5%
Apple's board of directors announced a cash dividend of 0.52USD per share for common stock and it paid on the 11th of Feb 2016.
Source - Apple
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