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# Apple’s iPhone Sales Help Company Set Historic Earnings Record

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## Video: Apple’s iPhone Sales Help Company Set Historic Earnings Record

[Watch (HLS stream): Apple’s iPhone Sales Help Company Set Historic Earnings Record](https://cdn.jwplayer.com/manifests/qMJoPBiZ.m3u8) (1:04)

![Apple’s iPhone Sales Help Company Set Historic Earnings Record](https://cdn.jwplayer.com/v2/media/qMJoPBiZ/poster.jpg?width=720)

_Published 2015-01-28. Apple earned nearly $75 billion in revenue, according to their Tuesday earnings report, making last quarter the most profitable one in the company’s history._


---

Jul 27, 2023 5:49 PM UTC

---

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### Did We Just Get a Glimpse of Apple's New iPhone?

---


## Transcript

Apple's quarterly earnings report is here. And as expected, the numbers show historic gains. Apple made $ 74. 6 Billion in revenue last quarter. Beating out estimates, and making it apple's most profitable quarter in company history. the rise in revenue was due in large part to iPhone sales. 74. 5 million during the quarter. That's up from the 51 million iPhones sold in this last year. One tidbit of information bird within Apple's earning report is the fact that regional sales in China increased to 70 % from this time last year. helping add another $ 16. 1 billion in revenue. Apple plans to open five new stores in the country within two years.

iPad sales however, continue to fall. Dropping 18 % to 21. 4 million. Wired suggests the waning interest may simply be because the iPad's glamour has worn off. Since its 2010 debut. The thought process is smartphones and laptops already do everything an iPad can do, making it less necessary. Other than iPad and iPhone numbers, Apple CEO Tim Cook announced the much anticipated Apple watch will go on sale this April.

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