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Apple's Q1 sales hit a record $74.6bn - its biggest ever quarterly profit

on Jan 27, 2015 | 0 comments

By Nesh Pillay

Apple’s first quarter sales hit a record $74.6bn, far exceeding its earlier prediction of earnings between $63.5bn and $66.5bn.

The sales surge saw it rake in $18bn in revenue for the last three months – up from $13.1bn – making making it the highest quarterly revenue any company has ever reported.

These high numbers are due in part to the launch of iPhone 6 and iPhone 6 Plus, with the company selling 74 million phones – about 34,000 each hour – in the last three months. While the breakdown of what phones make up what percentage of these sales was not Read full story ›

Source: The Drum