Apple just had their 2015 Q1 sales call and the results are quite simply the most impressive of any comapny past or present. Here's the upshot:
- $74.6bn revenue (up from $57.6bn in 2014 Q1)
- $18.0bn net profit (up from $13.1bn in 2014 Q1)
- 74.5 million iPhones sold
- 21.4 million iPads sold
- 5.5 million Macs sold
Most important points to me are that the iPhone had a runaway quarter, not just beating but completely obliterating the 66.5 million estimate analysts had predicted. The other main point is that iPad sales are marginally down and have been flat for a while. The iPad upgrade cycle seems to be in the 3 to 4 year bracket for most people and will likely prevent the iPad from ever being as blockbuster of a profit churner as the iPhone. What Apple does about that over the next two or so years will be interesting to see.