Apple posts a record $6bn profit, way above city expectations
Apple’s quarterly profit reached $6bn in the three months ending December 25th – a year-on-year rise of 77 per cent.
The record profit was backed by record revenue of $26.74bn – up from $15.68bn made in the same period the year prior.
Apple sold almost 50m products during the quarter. This comprised of 4.13m Macs, 16.24m iPhones, 19.45m iPods, and 7.33m iPads.