Apple Reports Best Ever Quarter, with 74.8M iPhones Sold

Apple has reported its best ever quarter, having netted $75.9 billion in revenue and made $18.4 billion in profit. This was mainly driven by sales of 74.8m iPhones – the most yet achieved in a quarter.

“Our team delivered Apple’s biggest quarter ever, thanks to the world’s most innovative products and all-time record sales of iPhone, Apple Watch and Apple TV,” said Apple CEO Tim Cook. During regular market trading on Tuesday, Apple shares increased by nearly 0.6% to 99.99.

Apple Reports Best Ever Quarter, with 74.8M iPhones Sold

This first fiscal quarter of 2016 – or fourth calendar quarter of 2015 – further saw not only sales of 5.3m Macs and 16.1m iPads, but also a year-on-year increase in the average selling price of an iPhone – from $687 to $690.50. This bodes well for the popularity of the high-end iPhone 6S and iPhone 6S Plus.

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