Apple posts quarterly revenue of $62.9 billion

Apple on Thursday posted its fourth quarter earnings, posting revenue of $62.9 billion. Apple CFO, Luca Maestri, said it’s was Apple’s best September quarter ever.

“We’re thrilled to report another record-breaking quarter that caps a tremendous fiscal 2018, the year in which we shipped our 2 billionth iOS device, celebrated the 10th anniversary of the App Store and achieved the strongest revenue and earnings in Apple’s history,” said Tim Cook, Apple’s CEO. “Over the past two months, we’ve delivered huge advancements for our customers through new versions of iPhone, Apple Watch, iPad and Mac as well as our four operating systems, and we enter the holiday season with our strongest lineup of products and services ever.”

International sales accounted for 61 percent of the quarter’s revenue.

According to the financial statements, Apple sold 46.8 million iPhones in the quarter, up from the 41.3 sold in the year ago quarter. Apple also sold 9.7 million iPads, down from the 11.5 sold a year ago, and 5.3 million Macs, up from the 3.7 million a year ago.

Services also increased 27 percent in the fourth quarter of 2018, rising from 7.9 $billion in 2017 to $10 billion in this year’s fourth quarter.