Apple Sells Record Number of iPhones, Posts Big Profits in Earnings Report

74.5 million. $74.6 billion. 1 billion. Apple’s quarterly earnings report consisted almost entirely of such mammoth numbers, as the corporation continued to break extravagant milestones of its own.

The quarter saw Apple ship its 1 billionth iOS device to a customer, which if you’re curious was a Space Grey 64 GB iPhone 6 Plus. In short, 74.5 million iPhones, 21.4 million iPads and 5.52 million Macs were sold.

The average selling price of an iPhone jumped to $687 from $603 three months back while tablet sales were considerably down from 26 million units a year back, as a part of a downward industry trend.

That led to a revenue of $74.6 billion and a net profit of $18 billion. It did not mention iPod sales but we know that the music player market is quickly extinguishing. Mac sales were significantly higher as opposed to 4.84 million a year back.

Apple CEO, Tim Cook, said:

“We’d like to thank our customers for an incredible quarter, which saw demand for Apple products soar to an all-time high. 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 next quarter, it expects a revenue of between $52 and $58 billion. The main thing in focus however will be the Apple Watch. Remember that the Apple Watch and iPhones are used together, something which could bolster the sale of both. With its launch in April, it would be interesting to see how the numbers then would look like.

In the meantime, Apple can take consolation from the fact that YouTube has finally dropped Flash in favour of HTML5.

If you want to know about all the Apple mobiles, here’s a list of the latest Apple Mobiles price in Pakistan and their specs.

  • Quite an achievement for a company to report such a huge profit margin of 18b. Makes it the most valuable brand in the WORLD. Impressive.

  • so Steve jobs would be a failure for apple as he said once who will buy large screen smartphone. Now apple sales are highest when they launch big screen phones right after steve jobs.

    • That ‘once’ was several years ago, which is an eternity in the tech world. 20 years ago people would have asked who needs a quad-core CPU. Times change.

  • Apple is an American company so that s why American people buying more Apple products than any other company and its status symbol otherwise in iphone is most expensive smart phone

      • I wouldn’t say fashion. Its called utility. Android does not work for me so I have an iphone. Android does not have the polish or reliability where I would take it as a daily driver. Samsung is flooding the market with junk and one would not even know where to start looking for a decent android phones because there are so many out there!

          • Yes well be careful next time you label products as fashion statements. That’s gross generalization. Depicts sheets ignorance on your part.

            • I m well aware of market dynamics and technology awareness of US/ canadian markets and my statement was not only made by me but lot of tech. Related people think the same. And an important aspect is that people spend a lot more on apple products due to brand conciousness as compared to others offering almost same in very reasonable price which is the reason they become so aggressive about it…i do respect other’s opinion but facts remains unchanged…:)

  • @aamir7 …. please reconsider ur ads content…female innerwares are not appropriate at IT blog…thx

  • 1 product to out sell them ALL-roids? heheheheheh what a Troll Apple is.
    And about flash!! well STEVE WAS NEVER WRONG… NEVER :D

  • People contribution has played vital role for such massive earning, the people are really fool to buy an apple hardware which has 300% profit and out of fashion specs, 1g ram, dual core processor, 16 gb expandable storage

    • Then why does the phone with pathetic (according to you) specs still perform more smoothly than expensive Android flagships???

        • If there is a benefit those services are good thing but…

          Low battery life is not a benefit
          Not ability to stop those services is not a benefit.
          etc etc etc

          In addition, that proves that iphone can get more done without more resources, so it does not need 2 or 3 or 4 GB RAM like android.

          • there is always a benefit behind every service, android is design in such a way that It used to sense the behavior and location of user every time in order to offer customized services.
            As far as battery Is concerned, iphone performance is poor in terms of battery, these days android phones are equipped with 3000 mah battery costs around iphone whereas Iphone is equipped around 1600 mah battery further Iphone doesn’t offer external storage, users are run out of storage shortly after updating their phone to latest ios

            • iPhone battery is very good in iPhone 6 and Plus compared to previous models. The same RAM logic also applies on battery too, iOS knows better how to use hardware resources. Don
              t be hater if you don’t like it don’t buy it. Infact you didn’t but still iPhone beating records so don’t be ignorant too. :)

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