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Synopsis

Apple Q2 2017 - Quarterly Report Summary: Rev = $45.4 Billion (vs $42.4 Billion a year ago quarter and $52.9 Billion last quarter) Total Cash = $261.5 Billion (Up $4.7 Billion for the quarter from $256.8 Billion) Last Quarter Sales: iPhones Sold = 41 Mil (vs 40.4 Mil a year ago quarter and 50.8 Mil last quarter) iPads Sold = 11.4 Mil (vs 10 Mil as year ago quarter and 8.9 Mil last quarter) Mac's Sold = 4.3 Mil (vs 4.3 Mil a year ago quarter and 4.2 Mil last quarter) Misc Notes: First significant uptick year over year for iPad for the past few years. Total revenue high end of guidance - 7% increase yr over yr. 7+ sales up dramatically yr over yr vs 6S+. Over 1.2 Billion iPhones sold all time. iPad sales up over 15% yr over yr. Apple Watch over 50% in June quarter (assumed vs previous quarter). 98% satisfaction for AirPods and still not meeting demand. --- $11.7 Billion back to investors. $7.2 Billion in dividends and $4.5 Billion on repurchases on Shares. Next Dividend of $0.63 per share will be pa