There are very few in the industry that can make an impact by throwing the weight of their numbers, like Apple does. In fact, when the news broke about the FY 2015 Q1 results were about to be announced, you could very easily have written this post but left the space before billion empty so you could fill that up. It is a given that usually every Quarter, the results only improvise and things only get better.
For the FY 2015 Q1, which ended on December 31, 2014, Apple has reported a net revenue of $74.6 billion with profits alone for $18 billion. Needless to say, this is the best the Cupertino-based company has done. No prizes for guessing that the large chunk of this income and profits came from the marquee product that the iPhone is.
Apple sold a total of 74.5 million of iPhones. The internal sales numbers alone accounted for 65% of the revenue, which is 5% greater than what was achieved in the last quarter. The sale of iPhones practically doubled in developing countries like China, Singapore and Brazil.
Hold your breath for this one, Apple reportedly sold over 34,000 iPhones every hour in the last quarter, which once again is an unprecedented number. Apple’s CEO, Tim Cook also reportedly told during the earnings call that he expected the Apple Watch to start shipping by April this year.