It’s funny to think that everyone was predicting doom and gloom for Apple throughout 2013 in particular (here, here, here), largely on account of the Californians’ inability to “innovate” and the loss of Steve Jobs. What a load of nonsense.
Hang your heads in complete and utter shame, analysts and “experts”, as Apple has just enjoyed the most successful quarter of any company in any industry ever.
The headline here is that Apple has posted an outrageous $18.04 billion in profit, not just a personal best for Apple, but a personal best for, well, anyone and everyone.
As reported on TechCrunch, Apple has dethroned Russia’s Gazprom, the world’s largest natural gas extractor. It previously set the bar at $16.2 billion, but Apple has blasted through it by a margin of almost $2 billion.
Credit goes to the insanely popular iPhone 6 and iPhone 6 Plus, Apple’s increased presence in China, and of course the typically lucrative “Holiday Season”.
Apple shifted a whopping 74.5 million iPhones (all models), up almost 50% year-on-year from 51 million. Similarly, total revenue leapt 30% to $74.6 billion.
Needless to say, Apple expects things to calm down a fair bit in Q1 2015 (financial Q2), with predicted revenue of around $52-55 billion. Is that all?! To the "innovation" machine, Robin!