Apple posts Q1 revenue of $88.3 Billion, has 1.3 Billion active devices installed
Thursday, February 1, 2018 at 4:35PM 
Apple today announced its financial results for fiscal 2018 first quarter ending December 30, 2017. Historically Apple's stringest quarter, this one saw a revenue of $88.3 billion, a 13 per cent increase from a year ago quarter. International sales hit a record while accounting oe 65 per cent of the quarter's revenue.
“We’re thrilled to report the biggest quarter in Apple’s history, with broad-based growth that included the highest revenue ever from a new iPhone lineup. iPhone X surpassed our expectations and has been our top-selling iPhone every week since it shipped in November,” said Tim Cook, Apple’s CEO. “We’ve also achieved a significant milestone with our active installed base of devices reaching 1.3 billion in January. That’s an increase of 30 percent in just two years.”