Apple reported its first quarter 2016 financial results today, with 74.8 million iPhones and 16 million iPads sold. The company posted quarterly revenue of $75.9 billion and quarterly net profit of $18.4 billion, or $3.28 per diluted share. In Q1 2015, Apple had revenue of $74.6 billion and net profit of $18 billion, or $3.06 per diluted share. Gross margin was 40.1 percent compared to 39.9 percent a year ago. International sales contributed to 66…
