Items tagged with q1 2015

As we alluded to in our article earlier today, Apple has just announced its earning for fiscal Q1 2015. The results are nothing short of astonishing, as Apple had record quarterly revenue of $74.6 billion and along with record quarterly net profit of $18 billion. Yes, you heard that correctly, $18 billion in profit for a single quarter. For comparison, Microsoft yesterday reported a net profit of $5.86 billion for its most recent quarter. Gross margins were also through the roof, coming in at 39.9 percent compared to 37.9 percent for the same period one year ago. Earnings came in at $3.06 per diluted share compared to $2.07 per diluted share for the same period last year. When all the results... Read more...