Apple reports record $74.6 billion revenue in FY Q1 2015, record 74.5 million iPhones sold
Apple has reported all-time record revenue of $74.6 billion with a record net profit of $18 billion in their earnings for the financial year Q1 2015 that ended December 27, 2014. Revenues were up 30% and earnings up 38% year-over-year. The international sales in this quarter is 65% of the quarter’s revenue, up 5% up compared to last quarter. Apple sold a record 74.5 million iPhones, compared to 23.4 million over last year, representing 46% growth, 21.4 million iPads, compared to 26 million year-over-year and 5.5 million Macs during the quarter. Revenue from developed countries were up 20% and revenue from emerging countries up 58% in the quarter. The performance of Greater China segment was impressive, with revenue up 70%, said the company. Considering iPhone, unit sales were up 44% in the U.S. and up 97% in the BRIC countries. iPhone sale doubled year-over-year in China, Brazil and Singapore. Quarterly sales of iPhone exceeded $50 billion for the first time ever. On average Apple sold over 34,000 iPhones every hour, 24 hours a day, everyday of the quarter globally, said the company's CEO at the conference call. He expects Apple Watch to begin shipping in April. Apple partnered with IBM to release 10 ...
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