Wednesday, October 28, 2015

Apple's Sales Forecast Indicates Another Record Holiday Quarter - Bloomberg Business

Another take on Apple's latest quarter

"Apple’s success largely hinges on the iPhone. Defying a broader slowdown in the global smartphone market, the company sold 48 million handsets last quarter, up 22 percent from a year earlier. The device generated sales of $32.2 billion, making it bigger than Microsoft Corp. and Facebook Inc.’s quarterly businesses combined. Introduced on Sept. 25, the newest models -- iPhone 6S and 6S Plus -- come with an improved camera, faster processor and new 3D Touch screens.
For the all of fiscal 2015, Apple reported total sales of $233.7 billion. Net income grew 35 percent to $53.4 billion for the year."
Apple's Sales Forecast Indicates Another Record Holiday Quarter - Bloomberg Business
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