Live blog: Apple’s fiscal year Q1 2017 earnings call

Apple just announced its earnings for Q1 2017, reporting profits of $17.89 billion on revenues of $78.4 billion. The company sold 78.3 million iPhones, 13 million iPads, and 5.3 million Macs. Next on today’s schedule is Apple’s quarterly earnings call, which will kick-off at 2PM PT/5PM and we’ll have live coverage right here.

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Filed under: Apple

Apple announces record quarter with Q1 2017 revenue of $78.4 billion: 78.3m iPhones, 13m iPads, 5.3m Macs

Apple has announced holiday quarter results including $78.4b in revenue and $17.89 billion in profit from 78.3m iPhones, 13m iPads, and 5.3m Macs sold. In addition to holiday sales, Apple’s first quarter for fiscal year 2017 includes the bulk of iPhone 7 and iPhone 7 Plus sales, Apple Watch Series 1 and Series 2, AirPods, as well as the launch of new MacBook Pro models.

FY17 Q1 results compare to $46.9 billion in revenue, $9 billion in profit, 45.51 million iPhones, 9.28 million iPads, and 4.89 million Macs reported in the previous quarter. Apple’s last record quarter occurred a year prior, Apple reported $75.9 billion in revenue, $18.4 billion in profit, 48 million iPhones, 9.8 million iPads, and 5.3 million Macs for comparison. Analysts predicted a return to growth after three quarters of declining sales which we see in today’s results.

Full press release after the break, and stick around for our earnings call live blog at the top of the hour:

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Feature Request: iCloud Photo Library support for multiple Apple IDs

Over the years Apple has made steady improvements to how our devices sync content. On the whole, it’s becoming more seamless to keep photos, videos and other content synced and organized across multiple iOS devices and Macs with software like iCloud Photo Library and iCloud Music Library.

However, one area I believe Apple could really improve the user experience is with photo and video management for multiple users. While iCloud Photo Sharing is a nice social way to share and organize photos with others, it’s not a great option to mange your photo and video collection. A feature I’d really like to see is iCloud Photo Library support for multiple Apple IDs.

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9to5Toys Last Call: 27″ Retina 5K iMac refurb $1,300, Jaybird X3 Bluetooth Earbuds $97, SanDisk 32GB Flash Drive $10, more

Keep up with the best gear and deals on the web by signing up for the 9to5Toys Newsletter. Also, be sure to check us out on: TwitterRSS FeedFacebookGoogle+ and Safari push notifications.

TODAY’S CAN’T MISS DEALS:

Last Call Updates:

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One (incredibly) lucky 9to5Toys reader will get a chance to own this NES Classic Zelda Edition Console Bundle for free!

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eBay continues to roll out discounts on Apple-certified refurb 27-inch Retina 5K iMac: 3.2GHz/8GB/1TB $1,300 (Orig. $1,999)

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Jaybird’s popular X3 Bluetooth Sport Earbuds drop to $97.50 shipped, an all-time low (Reg. $130)

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Daily Deals: SanDisk Ultra 32GB Micro USB/USB 3.0 Flash Drive $10, Jawbone Mini Jambox Bluetooth Speaker (Refurb) $35, more

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Take nearly $200 off Apple’s 13-inch MacBook Pro 512GB w/ Touch Bar: $1,800 shipped (Reg. $1,999)

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App Store Free App of the Week: Water Minder Hydration Reminder app goes free for the first time in over a year (Reg. $3)

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Review: Fabriq is a tiny (and affordable) AirPlay speaker with Amazon’s Alexa Voice Service [Video]

MORE NEW GEAR FROM TODAY:

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Timbuk2 Sale – take up to 60% off our favorite styles: MacBook Messenger Bags, Backpacks, Luggage and more!

MORE DEALS STILL LIVE:

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VIZIO’s 55-inch 4K Smart Ultra HDTV includes Google Cast and an Android tablet for $999

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Smartphone Accessories: Aukey Bluetooth Speaker w/ 8 hours playtime and 15W subwoofer $60 shipped (Reg. $80), more

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Gift Cards up to 20% off: Old Navy, Gap, Banana Republic, Krispy Kreme, CVS, Jiffy Lube and more

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As Windows laptops add LTE, is now the right time for Apple to finally do it? [Poll]

Apple has been toying with LTE-enabled MacBooks for many years. It even created a prototype MacBook Pro with a SIM slot and cellular antenna way back in 2007.

These days, doing so would be far neater, the latest Apple patent showing how the antenna could be hidden within the hinge mechanism, and an embedded virtual SIM could eliminate the physical one illustrated above. While the company has so far argued that using an iPhone’s WiFi hotspot or carrying an iPad provide plenty of options for mobile Internet use, the threat of competition from LTE-capable Windows laptops might just provide the nudge needed to change Apple’s mind …

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iOS 10.3 beta 32-bit alert suggests Apple may drop legacy app support in iOS 11

Apple appears to be planning to drop support for 32-bit apps in an upcoming version of iOS. The alert dialog presented when launching a 32-bit app on iOS 10.3 beta 1 now warns users that the app needs to be updated to continue working on future versions of iOS. This suggests that iOS 11 expected later this year could be the first version to only support 64-bit apps.

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The Iconfactory releases ‘Linea’ for iPad, a streamlined digital sketchbook app designed for Apple Pencil users

The Iconfactory is today launching Linea, a straightforward digital drawing app. It’s available now for iPad in the App Store for $9.99. With only four brushes and a maximum of five layers, the app focuses on essentials. It’s a replacement for the digital sketchbook you might carry around in your bag to explore ideas or casually draft compositions.

The whole UI is refined to maximise drawing space and it doesn’t let you get bogged down in customization options. Linea was designed with the Apple Pencil in mind; you can erase with your finger and draw with the Pencil without switching tools. Here’s my hands on …

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Filed under: Apple