Apple Profits Hit $13.6B to Start 2015, 61.2M iPhones Sold - News
by William D'Angelo , posted on 28 April 2015 / 3,260 Views
Apple has released its earnings report for the second quarter of its 2015 fiscal year. The quarter ended on March 28. Revenue hit $58 billion, while profits reached $13.6 billion for the quarter.
"We are thrilled by the continued strength of iPhone, Mac and the App Store, which drove our best March quarter results ever," said Apple CEO Tim Cook. "We're seeing a higher rate of people switching to iPhone than we've experienced in previous cycles, and we're off to an exciting start to the June quarter with the launch of Apple Watch."
"The tremendous customer demand for our products and services in the March quarter drove revenue growth of 27 percent and EPS growth of 40 percent," said Apple CFO Luca Maestri. "Cash flow from operations was also outstanding at $19.1 billion."
Apple sold 61.2 million iPhones in the quarter to start 2015. This is up from 43.7 million sold during the same period a year ago.
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A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at wdangelo@vgchartz.com or on Twitter @TrunksWD.
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i dont like Apple, but i dont hate them either. So what is up with all the hates ??? Just wonderin.
Thats awesome ! FOZRA Apple !
Android sucks and is for Looser.
All thanks to cheap overseas labor.
I fixed it for you; "Cheap oversea's slave labour"
Wow, Apple's got the $$$ to last for years. Too bad they don't use that money for a good cause or something.
Jesus... There's one company without a care in the world...
not for forever..
