Analyst Commentary

Apple’s revitalized Mac PC business and sustained success in its Services segment powered the company’s revenue growth in 1Q17

A sixth consecutive quarter of strong year-to-year revenue growth in Apple’s Services segment and a resurgent Mac PC business enabled Apple (Nasdaq GS: AAPL) to increase overall revenue despite flat performance from the company’s iPhone segment and ongoing challenges in its iPad business. In calendar 1Q17/fiscal 2Q17, Apple generated $52.9 billion in revenue, a gain of 4.6% year-to-year, its second consecutive quarter of overall revenue growth following declines in calendar quarters 1Q16, 2Q16 and 3Q16. Apple demonstrated its near-unparallel...

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