Apple had a record-setting quarter in more ways than one
Apple posted record earnings Tuesday afternoon, sending its stock skyrocketing more than 9% in after-hours trading. Here’s a quick look at the five craziest figures from Apple’s first quarter earnings report:
1. Apple made $18.04 billion in profit and $74.6 billion in revenue for the quarter. Those are both records for Apple alone, but there’s more: The numbers mean Apple just had the most profitable quarter of any company ever, beating out Russia’s Gazprom by a neat $1.8 billion.
2. Apple sold a record 74.5 million iPhones last quarter. Company CEO Tim Cook said on average, Apple sold 34,000 iPhones every hour, 24 hours a day, each day over the three-month quarter. That’s just over 9 iPhones sold every second.
3. Apple has shipped 1 billion iOS devices to date, including iPhones and iPads. Cook told investors on a conference call the billionth device was a 64GB iPhone 6 Plus, which the company is keeping at its Cupertino headquarters as a trophy.
4. Apple’s new iPhone 6 and iPhone 6 plus lineup convinced the highest-ever number of Android users to switch to the iPhone, Cook said, though he didn’t give precise figures.
5. Apple made $16.1 billion in revenue from “greater China,” a category that includes mainland China as well as Hong Kong and Taiwan. That’s up 70% year-over-year and a big reason why the company had a record-setting quarter overall.