+44 (0)1225 471202
Receive our news and tips to your inbox...
January 28, 2015
TheGuardian.com reports that Apple sold a record 74.4m iPhones in the three months to the end of 2014, comfortably beating analysts’ expectations as sales of its two newest models soared during the Christmas holidays and found new fans in China. The tech company announced record revenues for the all-important third quarter – well ahead of the $67.5bn expected by analysts – and a record quarterly net profit of $18bn. Apple, the world’s most valuable company, ended the quarter with $178bn in cash. Apple chief executive Tim Cook called the sales “phenomenal” and said the company had sold 34,000 iPhones an hour every day of the quarter. “This volume is hard to comprehend,” Cook said.RSS