Late yesterday Apple revealed its last quarterly sales, and they were again impressive enough to beat Wall Street’s expectations. Delivering $39.2 billion in revenues, up nearly 59% on last year’s figure of $24.7 billion, the firm also saw its net profits rise by 94% to $11.6 billion. That was on bigger-than-expected sales of iPhones, with 35.1 million units sold, and 11.8 million iPads–up 151% on last year’s figure. Apple Stores delivered $4.4 billion of Apple’s sales, and the company now has around $110 billion in cash in the bank–ready to deliver on Tim Cook’s recent promise of share dividends and buybacks.
collectionsInnovation FestivalCurrent Issue
World Changing Ideas
New workplaces, new food sources, new medicine--even an entirely new economic system.
The major tech ecosystems that battle for our attention and dollars.
What’s next for hardware, software, and services.
The brave new world of automation, from AI to drones.
How our urban centers are building toward the future.
Most Creative People
See members of our Most Creative People in Business community: leaders who are shaping the future of business in creative ways.
An award-winning team of journalists, designers, and videographers who tell brand stories through Fast Company's distinctive lens.