Apple posts biggest profits in its history: $18 billion USD
Big bucks for the tech giant
Apple's final quarter numbers are pretty impressive – with the tech giant posting $18 billion USD in profits. The world's leading technology company exceeded its projected earnings, taking $74.6 billion USD in revenue from sales of the new iPhone 6 models and holiday sales of iPads and Macs.
The new figures mark Apple's highest quarterly profit in history, and it broke many records with the sale of its coveted devices. 74.5 million iPhones, 21.4 million iPads, and 5.52 million Macs were sold in total. Unsurprisingly, the biggest sales that Apple made were in China with revenue from the country up 157% last quarter, with 70% year after year — which is more than double the acceleration seen elsewhere.
The impressive figures come just as Apple CEO Tim Cook announces the April delivery of the highly-anticipated Apple Watch – which will no doubt only improve these numbers over the following quarters.