The
California based technology giant reported a quarterly profit of $18 billion in
its recent press conference. The global corporate rocketed to a record breaking
profit margin for any handset manufacturer. Well ahead of most analyst’s
expectations, on booming sales ahead of bigger sized iPhones, especially in
China.
APPLE’S NET PROFIT, up 37.9% year-on-year
basis. With the new iPhone 6, iPhone 6 Plus and Apple iWatches to release in
coming months Apple is set to break these records further more. Apple is the
worlds most valued company for more than 8 years and its Manufacturer Foxxconn
is the leading handset manufacturing company in the world, followed by
ExxonMobil.
STAGGERING SALES
74.5 Million iPhones sold in quarter
ending December 27, Apple also sold its one billionth device powered by iOS on
mobile operating system.
$16.1 Million
APPLE REVENUE from greater China (mainland China, Hong Kong and Taiwan)
raised up 70% from just a year ago. Revenue
wise Apple’s sales have been highest from Greater China (70%) followed by Asia
(33%), Americas (23%), Europe (20%), Japan (8%)
74.6 Billion Apple’s
revenue for 2015 up 30%, from $57.6
Billion a year earlier. Which more than the GDP of Sri-Lanka $71.6 Billion, in 2014
$178 Billion Apple’s
cash pile enough to feed entire population of India for 80 years. This is
enough to give around $556 to each person living in America. Apple’s analysts
have forecasted $52bn-$55bn in the current quarter. This topped the US $15.9 billion made by
ExxonMobil handset manufacturer in the second quarter of 2012. This graph shows
you the net profit of all quarters of 2014 and Q1 of 2015.
MOST
VALUED COMPANY
Apple shares closed on Tuesday at $109.14,
down 3.5%, and rose 5% to $114.90 in after hours of trade. The stock has gained
more than 50% over the last year, making Apple the world’s most valuable
company with a market capitalization of $651 billion.
WHAT’S
NEXT?
Apple plans to start selling its highly
awaited smartwatch in April. According to Apple CEO Tim Cook, consumer demand
for the new iPhone has been “staggering” and “hard to comprehend”. But after
smashing the record for this quarter what does Apple plan to do next?
APPLE
WATCH
Apple has stated that it will start selling
its most awaited smartwatch in April. He also told that Apple developers are
working on new apps “Glances” for the Apple smartwatch. Apple watches have been
criticized for their not so good looking UI based on concepts and leaked images
over the internet. However, Tim sounds very confident of the future products of
his company.
APPLE
PAY
Apple had first introduced the digital
payment service in September last year and CEO Tim Cook has vowed that “2015
will be the year for Apple Pay”. Around 750 banks have signed for the program, Apple
hopes this will revolutionize payments made digitally by its NFC technology.
So hit up the comments with what you think
about Apple Inc.’s world domination plan.