Record iPhone sales as Ap­ple hits back

Mac Format - - APPLE WORLD -

iPhone, Mac and App Store rev­enues led Ap­ple’s Q1 2015 into the record books in the quar­ter end­ing De­cem­ber 27, 2014. Re­ports of the demise of Ap­ple in the smart­phone wars proved to be ex­ag­ger­ated as the com­pany re­vealed 74.5 mil­lion iPhones sold, also a new record.

Net profit hit $18 bil­lion on $74.6 bil­lion in rev­enue, up from $13.1 bil­lion profit on $57.6 bil­lion rev­enue in the year ago quar­ter. In­ter­na­tional sales ac­counted for 65% of rev­enues. The com­pany de­liv­ered its cus­tom­ary con­ser­va­tive guid­ance for Q2, $52 bil­lion to $55 bil­lion in rev­enue. Share­hold­ers will re­ceive $0.47 per share.

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