Apple announced its financial results for the third quarter of fiscal year 2016 on Tuesday 26 July 2016. Here, you'll find out how many iPhones, iPads, Macs andWatches Apple sold during the past few months, how to listen again to Apple's earnings call, and what the numbers mean - for you, for Apple's product portfolio, and for Apple's corporate health.

Apple earnings report Q3 2016: Summary

For Q3 2016, the quarter ended June 2016, Apple reports:
  • Quarterly revenue of $42.4 billion, compared to revenue of $49.6 billion a year ago
  • Quarterly net income of $7.8 billion, or $1.42 per diluted share, compared to net income of $10.7 billion, or $1.85 per diluted share a year ago
  • Gross margin of 38 percent, compared to 39.7 percent a year ago
  • International sales accounted for 63 percent of the quarter's revenue.

Apple earnings report Q3 2016: How does this compare with Apple's predictions?

While posting Apple's Q2 results back in April, Tim Cook offered the following guidance for Q3:
  • Revenue between $41 billion and $43 billion
  • Gross margin between 37.5 percent and 38 percent
  • Operating expenses between $6 billion and $6.1 billion
  • Other income (expense) of $300 million
  • Tax rate of 25.5 percent
In other words, as Cook pointed out in this quarter's earnings call, Apple performed near the top of its expectations.

Apple earnings report Q3 2016: How many iPhones did Apple sell?

Apple sold 40.4 million iPhone units in Q3, generating revenue of $24bn. That compares to 47.5 million units in Q3 last year for a revenue of $31.4bn: the iPhone's performance is down 14.9 percent in terms of unit sales and down 23.6 percent in terms of revenue.
Apple financial results: How many iPhones did Apple sell?

Apple earnings report Q3 2016: How many iPads did Apple sell?

Apple sold 10 million iPad units in Q3. That's a drop of 8.3 percent compared to Q3 2015 - when Apple shifted 10.9 million iPads - but because of the higher unit price of the new iPad Pro, Apple actually made more money this time round.
iPad revenue in Q3 was $4.9bn, up 8.9 percent on the $4.5bn made by the iPad department a year ago.

Apple earnings report Q3 2016: How many Macs did Apple sell?

Apple sold 4.3 million Macs in Q3, generating revenue of $5.2bn. That compares unfavourably to 4.8 million units in Q3 last year for a revenue of $6bn.
Apple financial results: How many Macs did Apple sell?

Apple earnings report Q3 2016: Services

Apple's Services division, which includes iTunes and the App Store as well as its AppleCare warranty and repairs division, continues to perform well. Services revenue for Q3 2016 was $6bn, up from $5bn a year ago.

Apple earnings report Q3 2016: Other Products

Apple reported Q3 revenue of $2.2bn for Other Products (which includes iPods, mice and keyboards, routers, accessories and the like). That's a drop of 16 percent compared to Q3 2015, which saw Other Products revenue of $2.6bn.

Apple earnings report Q3 2016: How to listen again to Apple's earnings call Q3 2016

You can still listen to Apple's financial results conference call on Apple's website to get the results and hear from Apple executives as they discuss the earnings report and give hints about what's to come.
To listen, you'll need an iPhone, iPad or iPod touch with Safari on iOS 7 or later, a Mac with Safari 6.0.5 or later on OS X v10.8.5 or later or a PC with Microsoft Edge on Windows 10.
Read page two for our full coverage of last quarter's financial results.