Apple Reports Q3 Revenue of $109.417 Billion, Up 16.4% Year-Over-Year

Apple Inc. achieved total net revenue of $109.417 billion in its third fiscal quarter, representing a year-over-year increase of 16.4%. The net profit for the quarter was $29.789 billion, up 27.1% year-over-year; diluted earnings per share were $2.02, an increase of 28.7% year-over-year. iPhone revenue contributed $54.252 billion, up 21.7% year-over-year. Mac revenue was $10.352 billion, up 28.7% year-over-year; iPad revenue was $6.191 billion, down 5.9% year-over-year. Revenue from wearables, home, and accessories was $7.883 billion, up 6.5% year-over-year.

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