Apple Still Selling 12 Million iPhones per Month Even as New Product Announcements Loom

Posted by Knowlton Thomas

Apple's quarterly earnings are out and while the numbers are strong, they weren't enough to lift the firm's stock, which remains stagnant in afterhours trading.

The world's most valuable technology company generated more than $37 billion during the last quarter, just below analyst earnings.

Apple's revenue came from the sales of over 35 million iPhones and 13 million iPads, as well as more than four million Macs.

The company's next quarter is expected to be similar to this most recent one, but following that we could see Apple's biggest quarter ever: with the anticipated release of two larger-screen iPhones, as well as the rumoured iWatch, and possibly even an evolution of Apple TV, the company's fall product lineup—plus the natural holiday season boost for retailers—could fuel a massive fire for Tim Cook and co.

 

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Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing tennis, hiking, and exploring weird side streets. more



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