Apple has announced financial results for its fiscal 2016 second quarter that ended March 26. The company posted quarterly revenue of $50.6 billion and quarterly net income of $10.5 billion, or $1.90 per diluted share.
These results compare to revenue of $58 billion and net income of $13.6 billion, or $2.33 per diluted share, in the year-ago quarter. Gross margin was 39.4% compared to 40.8% in the year-ago quarter. International sales accounted for 67%
of the quarter’s revenue.
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