While analysts were more than happy to project another powerful quarter for Apple, Wall Street itself remained skeptical as always. Sure enough, Apple blew everyone’s minds with the results of their first quarter 2015 earnings.
A report from Consumer Intelligence Research Partners (CIRP) shows that majority of the Android-to-iPhone switchers came from markets outside the United States. The firm surveyed 500 iPhone users in the United States for this report, who switched back to an iPhone after the release of the iPhone 6 and iPhone 6 Plus.
Apple has overtaken designer goods maker Hermes International SCA to take the number one luxury gifting spot in China, according to a new report. This follows the rise in demand for the latest iPhone in the country, which led to a 157 percent increase in Apple revenue last quarter.
Yesterday, Apple posted recording breaking numbers, with quarterly revenue of $76.4 billion and quarterly net profit of $18 billion, or $3.06 per diluted share in the fourth fiscal quarter of 2014 (first calendar quarter of 2015), compared to revenue of $57.4 billion and quarterly net profit of $13.1 billion, or $2.07 per diluted share, in the year-ago quarter.
Remember the desktop Photos app that Apple announced alongside Yosemite last year? We were promised an “early 2015″ launch, but Apple has how taken down all of the Photos teaser pages from its website. Don’t worry, though; that doesn’t mean it’s no longer coming.
On Tuesday, January 27, Apple announced its official first quarter 2015 earnings, and afterwards revealed individual details that ultimately lifted those incredibly high numbers.