Anup Tiwari
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- Joined
- 10 Aug 2013
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SAN FRANCISCO: The iPhone is still
the engine behind Apple's
phenomenal success
, even if attention lately has been
focused on its new smartwatch.
While skeptics question whether the
company's future is tied too much to
one product, the iPhone's popularity
was the reason Apple turned in
another blow-out financial report
Monday. The results far surpassed
most analysts' expectations for the
first three months of the year, when
sales traditionally fall from their
holiday-season peak.
Apple sold more than 61 million
iPhones in the quarter, accounting
for more than two-thirds of its $58
billion in revenue for the three-
month period and the lion's share of
its $13.6 billion in profit.
As expected, the numbers were
down from the previous quarter,
when holiday shoppers bought a
record 74 million of Apple's new
iPhone 6, 6 Plus and older models.
But the 61 million was a 40%
increase over the number of iPhones
sold in the first three months of
2014.
http://m.timesofindia.com/tech/tech...-blockbuster-quarter/articleshow/47079030.cms
the engine behind Apple's
phenomenal success
, even if attention lately has been
focused on its new smartwatch.
While skeptics question whether the
company's future is tied too much to
one product, the iPhone's popularity
was the reason Apple turned in
another blow-out financial report
Monday. The results far surpassed
most analysts' expectations for the
first three months of the year, when
sales traditionally fall from their
holiday-season peak.
Apple sold more than 61 million
iPhones in the quarter, accounting
for more than two-thirds of its $58
billion in revenue for the three-
month period and the lion's share of
its $13.6 billion in profit.
As expected, the numbers were
down from the previous quarter,
when holiday shoppers bought a
record 74 million of Apple's new
iPhone 6, 6 Plus and older models.
But the 61 million was a 40%
increase over the number of iPhones
sold in the first three months of
2014.
http://m.timesofindia.com/tech/tech...-blockbuster-quarter/articleshow/47079030.cms
