The 5 Craziest Numbers From Apple’s Earnings Report
The 5 Craziest Numbers From Apple’s Earnings Report
2 minute read
Apple CEO Tim Cook speaks during an Apple product announcement at the Apple campus on September 10, 2013 in Cupertino, California.Justin Sullivan—Getty Images
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.
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People pass time as they wait outside an Apple store for the iPhone 6 and 6 Plus in London on Sept. 17, 2014. Lefteris Pitarakis—APPeople wait in line in front of the Apple Store in Tokyo on Sept. 18, 2014.Yuya Shino—ReutersA man sleeps in a tent in the queue outside an Apple store in London on Sept. 18, 2014.Justin Tallis—AFP/Getty ImagesA man wearing a replica of an iPhone 6 Plus model on his head yawns while waiting in front of an Apple Store in Tokyo on Sept. 19, 2014.Yuya Shino—ReutersA woman sleeps in a chair as she waits in queue outside the Apple store in London on Sept. 18, 2014. Justin Tallis—AFP/Getty ImagesA staff member removes a display poster of iPhone 5S at an Apple store in Tokyo on Sept. 18, 2014,.Yuya Shino—ReutersCustomers queue outside an Apple store in Hong Kong on Sept. 19, 2014. Xaume Ollerose—AFP/Getty ImagesKen Miyauchi Vice President of Softbank, Japanese mobile phone company and actress Sayaka Kanda, in a pink dress, react during a ceremony to mark the first day of sales of the latest iPhone 6 and 6 Plus at a store in Tokyo on Sept. 19, 2014.Shizuo Kambayashi—APAfter being first in line for 19 days, Moon Ray, from Jackson, Miss. runs the gauntlet of Apple store workers as she enters the Fifth Avenue Apple store in New York on Sept. 19, 2014.Peter Foley—EPAApple store staff high five customers as they enter an store in Tokyo on Sept. 19, 2014.Chris McGrath—Getty ImagesA man wearing a mask depicting Apple's co-founder Steve Jobs holds up a cardboard cut-out of Apple's new iPhone 6, as he walks into an Apple Store in Tokyo on Sept. 18, 2014.Yuya Shino—ReutersAndreas Gibson celebrates as he exits an Apple store in New York after being the first to purchase an iPhone 6 Plus on Sept. 19, 2014. Julie Jacobson—APJamael Ahmed jumps in the air as he leaves the store after being the first to purchase the iPhone 6 at Apple Covent Gardens in London on Sept. 19, 2014.Ben A. Pruchnie—Getty Images
