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Apple Inc. (AAPL)’s Blowout Quarter: $18 billion Profits And 10 iPhones Sold Every Second In Last Quarter

Apple Inc. (NASDAQ:AAPL) had just reported a record breaking earnings report. The company had reported a $18 billion profits for the quarter, which was highest recorded by a company in a single quarter. The record was previously held by Exxon Mobile Corporation (NYSE:XOM) with $15.9 billion in 2012. Apple Inc. (NASDAQ:AAPL) had reported that it sold around 74.5 million iPhone units in the quarter in addition to around 21 million iPads and 5 million Macbooks. CNBC’s Tyler Mathisen talked on CNBC about his take on Apple Inc. (NASDAQ:AAPL)’s blowout quarter.


Mathisen reported that Apple Inc. (NASDAQ:AAPL)’s earnings were way better than other companies. He said that amidst many blue chip big names which reported significant losses, Apple Inc. (NASDAQ:AAPL) has emerged as a very successful company for the quarter that ended in December.

He added that company had reported a record breaking $18 billion profits in the quarter, which many other companies can only dream to achieve. He said that the company had sold more than 74 million iPhone units the quarter, which sums up as 10 iPhones sold in every second in that quarter.

“Apple […] made an astounding $18 billion profits in its last quarter. That’s the most ever by any company anytime anywhere. It has sold nearly 75 million iPhones, about 10 every single second for three straight months, round the clock, 7 days a week,” Mathisen said.

If $18 billion profits in a quarter sound astounding, what is the significance of 75 million iPhones sold in the quarter. It is tough to say that even if Apple Inc. (NASDAQ:AAPL) could be able to beat its own record in the future. But we are talking about Apple Inc. (NASDAQ:AAPL) here, the company that create its own market. Anything could be possible with Apple and we might be awaiting a surprise in 2015 with iWatch sales, which will decide the companys growth in 2015.

Disclosure: None

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