Tuesday
Oct272015
Apple posts record breaking quarterly revenue of $51.5 billion (US) and quarterly net profit of $11.1 billion
Tuesday, October 27, 2015 at 5:31PM 
Apple's CEO TIm Cook and Chief Design Officer Jony Ive - Photo by Gadjo Cardenas SevillaApple just announced its record breaking quarterly revenue of $51.5 billion (US) and quarterly net profit of $11.1 billion. Backed by the strong iPhone 6S sales (including sales in China), sustained Mac sales and undeclared sales of the Apple Watch, Apple continues to ride high in terms of devices, services and ecosystems.
Apple started their earnings call with news that they had a quarterly revenue of $51.5 billion (US) and quarterly net profit of $11.1 billion (US), or $1.96 (US) per diluted share. This is despite weakened economies in many countries.