mondaynote.com/2015/02/08/how-many-laws-did-apple-break

by Jean-Louis Gassée Apple's most recent quarterly numbers broke all sorts of records and, as we shall see, a number of laws. Apple just released its numbers for the quarter ending last December, the first quarter of its 2015 Fiscal Year. The figures are astonishing: iPhones:  Apple sold 74.5M, + 57% over last year’s same quarter. iPhone revenue was $51.2B, + 57%. That’s enough iPhones for 1% of the world population, 9.4 iPhones for every second of the past quarter. I hope to see some day a documentary movie on the supply chain heroics leading (parts manufacturing, assembly, transportation logistics) required to achieve such numbers. But I’m not holding my breath. Overall company revenue grew 30% to $74.6B, with the iPhone representing a never-before 69% of total sales. This why some now call Apple the iPhone Company. Profit (a.k.a. Net Income): $18B. This appears to be the highest quarterly profit ever achieved by a company: Record quarterly profits is becoming commonplace for Apple. The company has broken into the top ten list five times since Q1 FY 2012. (The Wikipedia article on record profits and


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