APPLE MAKES RECORD BREAKING PROFIT OF $18 BILLION

The California based technology giant reported a quarterly profit of $18 billion in its recent press conference. The global corporate rocketed to a record breaking profit margin for any handset manufacturer. Well ahead of most analyst’s expectations, on booming sales ahead of bigger sized iPhones, especially in China.

APPLE’S NET PROFIT, up 37.9% year-on-year basis. With the new iPhone 6, iPhone 6 Plus and Apple iWatches to release in coming months Apple is set to break these records further more. Apple is the worlds most valued company for more than 8 years and its Manufacturer Foxxconn is the leading handset manufacturing company in the world, followed by ExxonMobil.

STAGGERING SALES

74.5 Million iPhones sold in quarter ending December 27, Apple also sold its one billionth device powered by iOS on mobile operating system.

$16.1 Million

APPLE REVENUE from greater China (mainland China, Hong Kong and Taiwan) raised up 70% from just a year ago.  Revenue wise Apple’s sales have been highest from Greater China (70%) followed by Asia (33%), Americas (23%), Europe (20%), Japan (8%)

74.6 Billion Apple’s revenue for 2015 up 30%, from $57.6 Billion a year earlier. Which more than the GDP of Sri-Lanka $71.6 Billion, in 2014

$178 Billion Apple’s cash pile enough to feed entire population of India for 80 years. This is enough to give around $556 to each person living in America. Apple’s analysts have forecasted $52bn-$55bn in the current quarter. This topped the US $15.9 billion made by ExxonMobil handset manufacturer in the second quarter of 2012. This graph shows you the net profit of all quarters of 2014 and Q1 of 2015.

MOST VALUED COMPANY

Apple shares closed on Tuesday at $109.14, down 3.5%, and rose 5% to $114.90 in after hours of trade. The stock has gained more than 50% over the last year, making Apple the world’s most valuable company with a market capitalization of $651 billion.

WHAT’S NEXT?

Apple plans to start selling its highly awaited smartwatch in April. According to Apple CEO Tim Cook, consumer demand for the new iPhone has been “staggering” and “hard to comprehend”. But after smashing the record for this quarter what does Apple plan to do next?

APPLE WATCH

Apple has stated that it will start selling its most awaited smartwatch in April. He also told that Apple developers are working on new apps “Glances” for the Apple smartwatch. Apple watches have been criticized for their not so good looking UI based on concepts and leaked images over the internet. However, Tim sounds very confident of the future products of his company.

APPLE PAY

Apple had first introduced the digital payment service in September last year and CEO Tim Cook has vowed that “2015 will be the year for Apple Pay”. Around 750 banks have signed for the program, Apple hopes this will revolutionize payments made digitally by its NFC technology.

So hit up the comments with what you think about Apple Inc.’s world domination plan.