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The 10 Biggest Apple Stories Of 2017

Kyle Alspach

10. Revenue Returns To Growth

Following an annual revenue decline in fiscal 2016 -- the first for Apple in the iPhone era -- the company reported that fiscal 2017 saw revenue return to growth. Fiscal 2017 revenue (for the 12 months ended Sept. 30) came in at $229.23 billion, an increase of 6.3 percent on a year-over-year basis. Growing sales in iPhone, Mac, and Services were behind the reversal for Apple. Notably, the once-struggling Mac category "had its best year ever" in terms of revenue, Apple CEO Tim Cook said during the quarterly earnings call in October. Mac sales totaled $25.85 billion for fiscal 2017, up 13 percent from the previous fiscal year, while iPhone sales grew 3 percent and Services rose 23 percent.

 
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