Wednesday, January 28, 2015

Apple Enjoys Extraordinary Quarter


Apple said its revenue rose 30% year-on-year in the quarter ending December 27th to 74.6 billion US dollars, fuelled by a 57% increase in iPhone revenues. However, iPad revenues fell 22%.

Apple forecast revenues of between 52 billion and 55 billion dollars for the current quarter. That represents a year-on-year increase of between 14% and 21%. Source: Apple statement.

For more on Apple, check out my report for Telco2.0: Samsung and Google versus Apple?

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