Apple has announced financial results for its fiscal 2016 fourth quarter that ended Sept. 24. The company posted quarterly revenue of $46.9 billion and quarterly net income of $9 billion, or $1.67 per diluted share.
These results compare to revenue of $51.5 billion and net income of $11.1 billion, or $1.96 per diluted share, in the year-ago quarter. Gross margin was 38% compared to 39.9% in the year-ago quarter. International sales accounted for 62% of the quarter’s revenue.
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