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Apple posts record financial results thanks to iPhone, Mac, App Store

Apple posts a revenue of $49.6 billion this quarter alongside an 'all-time record revenue from services'
By: Chris Smith | Business, Financial & Legal News | Posted: Jul 22, 2015 9:27 am

In a recently issued press release, technology giant Apple bragged a fiscal 2015 third quarter pull of $49.6 billion in revenue and $10.7 billion profit, measuring in at $1.85 per diluted share.




Compared to this time last year when Apple was pulling in $37.4 billion in revenue and a net profit of $7.7 billion, CEO Tim Cook is obviously happy with the results. With the hike explained as gaining assistance thanks to "iPhone revenue [being] up 59 percent" when compared to last year, the "strong sales of Mac, [and] all-time record revenue from services, driven by the App Store, and a great start for Apple Watch" all played a part, said Cook.


Set with eyes on the future, Cook further commented that customers should expect iOS 9, OS X EL Capitan and watchOS2 this coming fall.

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