China now biggest overseas market for tech giant
Apple just realised its Q2 earnings for the period ended March 28 and they revealed the company saw quarterly revenue of $58 billion and quarterly net profit of $13.6 billion. 69 per cent of that revenue came from overseas sales.
"The tremendous customer demand for our products and services in the March quarter drove revenue growth of 27 per cent and EPS growth of 40 per cent," said CFO Luca Maestri.
"Cash flow from operations was also outstanding at $19.1 billion."
The company sold 61.2 million iPhones in first three months of this year, compared to 43.7 million iPhones in the same period last year. iPad sales continued to decline in this quarter, possibly as a result of a lack of any major updates to the tablet and the release of the super-sized iPhone 6 Plus.
Apple just realised its Q2 earnings for the period ended March 28 and they revealed the company saw quarterly revenue of $58 billion and quarterly net profit of $13.6 billion. 69 per cent of that revenue came from overseas sales.
"The tremendous customer demand for our products and services in the March quarter drove revenue growth of 27 per cent and EPS growth of 40 per cent," said CFO Luca Maestri.
"Cash flow from operations was also outstanding at $19.1 billion."
The company sold 61.2 million iPhones in first three months of this year, compared to 43.7 million iPhones in the same period last year. iPad sales continued to decline in this quarter, possibly as a result of a lack of any major updates to the tablet and the release of the super-sized iPhone 6 Plus.
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