Apple’s iPhone 6 and iPhone 6 Plus have been fueling the company profits. Even the holiday sales of iPads and Macs seem to have contributed to Apple’s $18 million profits – the largest quarterly profit in the company history.
By far, no company has registered such huge profits in the first quarter. The record was previously held by Moscow-based natural gas company Gazprom, which earned $16.24 billion in Q1 2011.
Apple sold 74.5 million iPhones, 21.4 million iPads, and 5.52 million Macs in 2014. These numbers indicate far better performance than the number of iPhones and Macs Apple sold last year. However, iPad sales is in the negative. It was 26 million in the year-ago quarter.
“We’d like to thank our customers for an incredible quarter, which saw demand for Apple products soar to an all-time high,” Tim Cook, Apple’s CEO said in a statement. “Our revenue grew 30 percent over last year to $74.6 billion, and the execution by our teams to achieve these results was simply phenomenal.”
For the current quarter that ends in March, Apple is expecting a fall in revenue between $52 billion and $55 billion. However, the big question doing the rounds is whether this current quarter, will include sales of the upcoming Apple Watch. Apple answered that question, with Cook saying the company plans to ship its watches only by April. For an Apple Watch to operate it requires an iPhone function. So this could boost iPhone sales but at the same time limit its initial audience in the same way as the iPod and Mac experienced back in 2001.
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