Apple Announces a Record Breaking March Quarter
Apple's CEO Tim Cook noted in a press release this afternoon that "We are thrilled by the continued strength of iPhone, Mac and the App Store, which drove our best March quarter results ever. We're seeing a higher rate of people switching to iPhone than we've experienced in previous cycles, and we're off to an exciting start to the June quarter with the launch of Apple Watch." Earlier today Credit Suisse forecasted 60 million iPhones were sold in the quarter and the official number came in at 61 million.
Apple's second press release titled "Apple Expands Capital Return Program to $200 Billion" could be found here for details.
Beyond Apple's basic Press Release that is noted above, additional information about their quarter is likely to emerge from their Financial Conference Call that is now underway. Patently Apple will follow-up with a secondary report should there be enough to report on.
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