Wednesday, January 28, 2015
Apple, High profit record ever for a public company!
Apple Inc has announced the biggest profit ever reported by a public company, a net figure of $18 billion (nearly 16.0 billion euros) for its first fiscal quarter. It is more than 2 billion dollar than Exxon Mobil declared in 2012.The reason of record sales over the holiday season including 70% rise in sale in China this despite stuttering economic growth in the country. Consumer interest on Iphone largest display, Iphone 6 and Iphone 6+ which when on sale on September. Over the next 3 months, worldwide sales of Iphone reached almost 75 million. CEO, Tim Cook described the demand for smartphone is staggering after years of which Apple has lost ground to its rivals.
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