Technology giant Apple has reported its best quarter ever for revenue and earnings as it sold more iPhones, iPads and Mac computers than in any three-month period in its history. The company smashed Wall Street projections with net income of 13.06 billion dollars on revenue of 46.33 billion dollars in the three-month period ended December […]
Technology giant Apple has reported its best quarter ever for revenue and earnings as it sold more iPhones, iPads and Mac computers than in any three-month period in its history. The company smashed Wall Street projections with net income of 13.06 billion dollars on revenue of 46.33 billion dollars in the three-month period ended December 31, over 7 billion dollars more than analysts had expected and a 74 percent increase over its quarterly revenue from a year earlier.
According to The Los Angeles Times, Apple’s best selling product continued to be its iPhone.
It sold 37.04 million of the devices, by far eclipsing its iPhone sales record of 20.3 million set in the April to June quarter.
The company also sold 15.43 million units of iPad, over four million more than it had sold last quarter in its previous quarter.
According to the paper, Apple sold 5.2 million Mac computers, beating its mark of 4.9 million, also set last quarter.
The firm’s chief executive, Tim Cook, said in a statement that they are “thrilled with the outstanding results and record-breaking sales of their products.”
“Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline,” Cook added.
