02 Nov 2015
Apple just had its most profitable year ever
Apple just had its most profitable year ever
Earnings calls are typically pretty boring, but there’s one interesting takeaway from Apple’s report today: 2015 was the company’s most profitable year ever.
Apple made $53.4 billion in profit in 2015. Take that in for a second. Done? In that second, Apple made about $1,700.
It isn’t expected to last forever, though. As Apple enters the holiday shopping season, the company is projecting flat sales growth versus last year. By flat, Apple means around $75 billion in sales.
Most of this was on the back of the iPhone, of course. Apple sold 48 million iPhones in Q4 2015, along with 9.9 million iPads and 5.7 million Macs.
Like it or not, Apple is on an absolute roll.
malikmuddser