Wednesday, October 28, 2015

Record sale of iPhones Apple makes profit jump 31% in the quarter

Apple introduced a high of 31% in net income for the third quarter of this year, to $ 11.1 billion, compared with the same period last year, driven by demand for iPhones.
In all, the company sold 48.04 million units, surpassing the smartphone 39.27 million from the same period last year. The phone answered almost 63% of the company's revenue in the third quarter, which came to $ 51.5 billion, up 22%. Despite the large volume, sales were slightly below the analysts ' estimate, which was $ 48.72 million. The result of the period accounts for only two days of sales of the company's latest models, the S and the 6S Plus.
Net income for the third quarter was $ 11.1 billion, more than the $ 8.47 billion recorded in the same period last year. Earnings per share was $ 1.42 to $ 1.96 in the same comparison, a result of the company's share buyback program. Analysts polled by Thomson Reuters projected earnings per share of $ 1.88, with total revenue of $ 51.1 billion.
Valor Economico
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