Apple has just announced its highly anticipated earning results for the holiday quarter (Q1 2015). It is Apple’s first full quarter that includes sales of iPhone 6 and iPhone 6 Plus. So how did Apple do?
Well, Wall Street predicted revenues of about $67.7 billion, however, Apple managed to earn breathtaking $74.6 billion. Net profit totaled $18 billion for the Q1 quarter, which makes it the most profitable quarter ever recorded by any company.
Wall Street was projecting Apple will sell 66.5 million iPhones. Actual sales are much more impressive, coming in at 74.4 million. To put things in perspective, during the same quarter last year Apple sold 51 million iPhones. The Cupertino company also managed to sell 21.4 million iPads and 5.5 million Macs.
For Q2 2015, Apple is expecting revenue between $52 and $55 billon.