Technology has advanced a lot in last few years, in 2012 only few of the countries were having advanced technologies working in their environment, now many countries are benefiting from it. Apple is recognized as big name smartphone industry it has brought technology to next level. Apple has introduced many innovative smartphones in the market last year to bring innovation in smartphone industry,
Apple today released the figures for the first quarter of fiscal 2014, which on Saturday, 28 Ended in December 2013, announced. In the past quarter, Apple posted revenue of 57.6 billion U.S. dollars and a net profit of 13.1 billion U.S. dollars. In the prior year quarter sales of 54.5 billion U.S. dollars and a net profit of 13.1 billion U.S. dollars was. The non-US share of sales was 63 percent in the quarter.
Apple sold 51 million iPhones in the Christmas quarter. So much it had never been: that is a new record. A year earlier, there were 47.8 million iPhones. What is the iPhone were crucial for the success, Apple reserves for itself. The number of iPads sold is 26 million units. This is also an all time record, compared to 22.9 million in the prior-year quarter.
“We are very pleased with our record sales for iPhone and iPad, the strong results of our Mac products and the continuous growth of iTunes, software and services,” said Tim Cook, Apple’s CEO. “We love to have the happiest, most loyal and most dedicated customers and we will continue to invest heavily in our future, to make their experience with our products and services even better.”
“We generated $ 22.7 billion dollars in operating cash flow in the quarter and have a further 7.7 billion U.S. dollars repaid from cash through dividends and share buybacks to our shareholders in the December quarter, the payments under our let to a sum of 43 billion U.S. dollars grow, “said Peter Oppenheimer, Apple’s CFO.