IMG_0069-2.jpg

Apple declares record Q3 profit of $10.7 billion

Apple’s record breaking streak continues with highest ever profit of $10.7 Billion with 33% jump in its revenues.

iPhone sales were up 35 percent as compared to previous quarters. Driven by higher margins on iPhone 6 and 6 Plus and the huge Chinese revenue surge, iPhone revenue was up 59 percent as quoted by Apple CEO Tim Cook:

“We had an amazing quarter, with iPhone revenue up 59 percent over last year, strong sales of Mac, all-time record revenue from services, driven by the App Store, and a great start for Apple Watch.” – Apple CEO Tim Cook

 

 

Share on FacebookTweet about this on TwitterShare on Google+Pin on PinterestShare on LinkedInEmail this to someone

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>