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Apple Posts $18B Quarterly Profit, the Highest By Any Company, Ever

Posted by Soulskill on from the all-about-the-benjamins dept.

jmcbain writes: Yesterday, Apple reported its financial results for the quarter ending December 27, 2014. The company posted $18 billion in profit (on $74 billion in revenue), the largest quarterly profit by any company, ever. The previous record was $16 billion by Russia's Gazprom (the largest natural gas extractor in the world) in 2011. Apple sold 74.5 million iPhones last quarter, along with 5.5 million Macs and 21.4 million iPads.

2 of 534 comments (clear)

  1. Status sells by TheDarkMaster · · Score: 0, Troll

    Your product can be clearly inferior hardware and be much more expensive than the competition, but if your product is considered a status symbol that lets you win rich partners, so it sells no matter the price.

    --
    Religion: The greatest weapon of mass destruction of all time
  2. Re:Tax by ganjadude · · Score: 0, Troll

    in other words, they are taxed on the stuff they should be taxed on, and they are smart enough to not pay taxes they dont have to

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    have you seen my sig? there are many others like it but none that are the same