Apple Reports Record iPhone Sales in Q1, but iPad Down 18 Per Cent

By Alex Spencer

Apple Logo HQ Headquarters

Apple has reported record figures for Q1 2015, with revenues of $74.6bn (£49bn), up 30 per cent year-on-year, and net profits of $18bn.

Following the release of the 6 and 6 Plus models, iPhone sales increased 46 per cent year-on-year to a record 74m units. However, iPad sales dropped 18 per cent, to 21.4m units, even with the release of new Air 2 and Mini 3 models last October.

Apple also reports its physical and online sales saw a combined 500m visits from customers during the quarter, and a 41 per cent increase in App Store revenues.

iPhone sales
Apple’s greatest success of the quarter is without doubt the sheer number of iPhone sales.

“This volume is hard to comprehend,” said Apple CEO Tim Cook on the company’s earnings call. “On average we sold over 34,000 iPhones every hour, 24 hours a day, every day of the quarter.

“It was truly a momentous quarter for iOS. On November 22nd we shipped our billionth iOS device. It was a space grey 64GB iPhone 6 Plus, which we’ve saved here at Apple.”

The iPhone’s record sales were driven by markets outside of the US, accounting for 65 per cent of revenues during the quarter, and especially in emerging markets. …read more

Source:: Mobile App News