Wednesday, January 28, 2015

Apple Reports Record Earnings and iPhone Sales: $18B Profit on $74.6B in Revenue for Q1 2015

linechartApple today announced financial results for the first fiscal quarter of 2015, which corresponds to the fourth calendar quarter of 2014. 

For the quarter, Apple posted revenue of $74.6 billion and net quarterly profit of $18 billion, or $3.06 per diluted share, compared to revenue of $57.6 billion and net quarterly profit of $13.1 billion, or $1.98 per diluted share, in the year-ago quarter


Gross margin for the quarter was 39.9 percent compared to 37.9...
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