Apple made some $18 Billion+ in the first quarter of 2015. Insane. Humongous. Not just that, it has also set the record for producing ‘the’ most profitable quarter by an company. Ever. In the history ! It crossed Russian company Gazprom, which id world’s largest natural gas extractor. Phew !
Due to this excellent breakdown by Greg at TechCrunch, we got a lot of time saved. And because of that, we’ll just let you thinking with this one line :
Apple Inc. is making some $8.3 Million an hour ! And that too, 24 hours a day !
While that line above wouldn’t really let you move forward in this post, but of you do plan to, here is a complete analysis of the revenue which Apple made.
The company made an earth-wrecking (couldn’t really find a proper adjective for the next few words) $74.6 Billion in Revenue, beating its previous quarter results. It also made just over $3 Billion on Earnings per share basis. Compared to the year-ago quarter, it corresponds to a growth of 29.5 percent in revenue, and 47.8 percent in EPS
The Cupertino-giant sold a massively astounding (and again, short on adjectives) 74.5 million iPhones during the first quarter of the company’s fiscal 2015 year. It is the most iPhones that the company has ever sold in any of its quarters ! Apple is selling an iPhone every 9 seconds, and its China sales topped over $16 Billion seeing a staggering, mind-blasting 157% increase as compared to the previous quarter (Q4 2014) and a 70% increase Y-o-Y.
The Cupertino-giant sold a whopping 5.5 Million Macs, though that is still lesser than the 5.68 Million which analysts had expected. Mac sales were probably the only point in Apple’s entire earnings report, which recorded an absolute zero growth as compared with previous results.
However, Mac hence represents enormous potential as a growth avenue for Apple, whose iPhones and iPads are already dominating their respective categories. This Mac growth may probably get fuelled by a rumoured 12 inch MacBook Air which Apple is planning to launch soon.