Apple sets quarterly records for iPhone, iPad sales
A couple hours back we brought you some of the most recent mobile sales data, specifically looking at how Apple and Samsung fared with US smartphone sales over the course of the holiday season. Apple sure appeared to be the winner there, but what about some official numbers? Well, we are smack-dab in the middle of another earnings reports mini-season, and Apple is the latest company to share its numbers.
Unsurprisingly, revenue is up, with this past quarter bringing in $57.6B, compared to $54.5B a year ago. Despite that growth, profits haven’t budged, with both periods generating the same $13.1B. In fact, Apple reports that its margin is down a little under one percentage point.
On the plus side, sales are booming, and Apple claims to have set a couple new quarterly record for itself, moving 51M iPhones and 26M iPads; Tim Cook says that he’s “really happy” with those record sales.
If you live for the nitty gritty details behind these sorts of earnings statements, you might be curious to listen-in on Apple’s financial results conference call, which you can find linked below.