Technology titan ‘Apple’ has continued its journey of massive sales for iPhone, generating revenue on a much larger scale. It is recently reported that ‘Apple’ sold 61.1 million iPhones in the quarter, bringing in $40.3 billion in revenue, making this the second biggest quarter for iPhone sales and overall profit in its history. Apple’s previous quarter was its largest ever for iPhone sales, selling a record 74.5 million units and posting $51.2 billion in revenue.
Apple CEO Tim Cook states: “We’re seeing a higher rate of people switching to iPhone than we’ve experienced in previous cycles,”
However this time last year investors were complaining about its low and slow iPhone sales, but with ‘Apple’ selling over 135 million iPhones in last six months such concerns doesn’t matter much. It is clear that iPhone is a popular choice among people by its continuation to be purchased in such huge numbers, but as usual, Apple didn’t break down sales numbers for each iPhone.
Apple also made more money last quarter in China than Europe for the first time ever, with $160 million coming in from the region versus $120 million in Europe. That’s an increase of 71 percent over the same quarter in 2014. A year ago there were doubts about whether China was ever going to be much of a market for Apple – this last quarter it sold more iPhones in China than in the US.
“We are thrilled by the continued strength of iPhone, Mac and the App Store, which drove our best March quarter results ever,”