Apple's iPhone 6 Mania Drives Apple to Third Quarter Record Sales
Apple today announced financial results for its fiscal 2015 third quarter ended June 27, 2015. The Company posted quarterly revenue of $49.6 billion and quarterly net profit of $10.7 billion, or $1.85 per diluted share. Earlier today we posted a report titled "Apple to Blow Away Smartphone Industry Growth in Q2," and Apple did just that. Apple's CEO Tim Cook commenting on the quarter stating that "We had an amazing quarter, with iPhone revenue up 59 percent over last year, strong sales of Mac, all-time record revenue from services, driven by the App Store, and a great start for Apple Watch." Unfortunately Cook didn't elaborate on what "a great start for Apple Watch" actually translated to in terms of units sold. We'll know in the next hour if he chooses to provide clarity on this during their Conference Call starting in just a few moments.
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