Apple reports another monster quarter with $18bn profit


Even by its own standards, Apple’s latest quarterly financials are startling. In the final three months of 2014, the company generated $74.6bn of revenues and posted a profit of $18bn – the most profitable quarter ever in any field, beating Russian energy firm Gazprom’s $16.2bn from 2011.
Apple sold 74.5m iPhones during the quarter, as well as 21.4m iPads and 5.5m Mac computers. In the world of smart devices, Android may have the biggest market share, but iOS is driving the biggest profits.

Stuart Dredge

Read More: Analysis News
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