Apple Recorded $10.2 B Profit Out of $45.6B Revenue

The Investors are pretty much happy with Apple growth in Q2 of 2014 because they recorded huge Profit with $10.2 Billion out of $45.6 Billion revenue which is quite tough for the company with limited range of products. The sales of iPad were down to 16 percent. This revenue is above to both the $42 to $44 billion revenue from January and $43.6 billion last year. People loves Apple Technology that’s why Apple announced a seven-for-one split with $90 billion stock buy program. If we look on the products sale which sparks that revenue so there is only one product which thrust the sale is iPhone and said sold 43.7 million iPhones during the Quarter, more than the same quarter last year is 37.4 million. Also sold 16.3 million iPads, 4.1 million Macs, and 2.61 million iPods which is higher than 3.9 million Macs but lower than 19.5 million iPads.

The Verge Reported “We're very proud of our quarterly results, especially our strong iPhone sales and record revenue from services," Apple CEO Tim Cook said in a statement. "We're eagerly looking forward to introducing more new products and services that only Apple could bring to market. For its next quarter, which ends in June, Apple said it expects to bring in between $36 to $38 billion in revenue, which is up from the $35.3 billion it made during the same quarter a year ago, though lower than the $38.3 billion Wall Street forecasted”

Apple considers as innovative companies and it also shows that people with iPhones and iPad are classy and don’t care about money, that’s why people love to buy the Apple products and specially iPhone and the recently found Heartbleed bug apple patches the bug firstly because of their concern about customer security.