The worst is most likely behind Apple already in terms of the Cupertino-based tech titanâ€™s financials. That is, if we can callÂ a few quartersÂ ofÂ marginal year-on-year revenue declineÂ â€śthe worstâ€ť when profits stayed in the billions of dollars.
Either way, the ship has been swiftly â€śrightedâ€ť, once again sailing towards certain and constant annual growth. The latest quarterly numbers are almostÂ outside the range forecasted three months back, also coming in at the high end of analyst expectations.
Weâ€™re talking a cool $45.4 billion revenue and $1.67 earnings per diluted share for the fiscal 2017 third quarter ended July 1, up sharply from $42.4 billion and $1.42 respectively a year ago.