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Apple Reports Quarterly Earnings: 8 Things You Should Know

Apple reported their FY 16 4th Quarter results on October 25th.  Here are 8 things you should know:

1. FY 2016 Revenue was $216B: If Apple was a country, they’d be the 47th largest according GDP, ahead of Portugal, Vietnam and Greece.  This was down nearly 8% from 2015 ($234B).

2. Quarterly Revenue Down 9% YoY: Revenue for the quarter was $46.9B, down from $51.5B last year.

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