Apple on the last quarter of the fiscal year:
The Company posted quarterly revenue of $64 billion, an increase of 2 percent from the year-ago quarter, and quarterly earnings per diluted share of $3.03, up 4 percent. International sales accounted for 60 percent of the quarter’s revenue.
Tim Cook to investors:
We’re also helping government agencies around the world use technologies to improve the effectiveness and efficiency of the way they deliver critical services to the public. For example, the U.S. Census Bureau is making fundamental changes to the design and implementation of next year’s census, with the goal of producing quality results by reducing costs by leveraging the mobility, user experience, and privacy of iOS. Hundreds of thousands of Apple devices will be deployed this fiscal year to support an innovative new model for the collection and management of census data. And we are proud that our products will play an important role in driving quality to this critical initiative while safeguarding the privacy and security of this data. CDW — Apple’s partner in this initiative —will also utilize Apple Financial Services — our enterprise financing platform — to help minimize the cost to the public by taking advantage of the uniquely strong residual value of Apple devices.
The U.S. government is buying into Apple and Apple will float some of the money.