Amazing Apple with Its Record-Breaking Earnings! By @JnanDash | @CloudExpo [#Cloud]

This week Apple disclosed its fourth quarter financial results and it was simply astounding sending wall street analysts scrambling with their way-off forecasts. In the last quarter of 2014, Apple made a stunning profit of $18B (38% growth from a year ago) on a revenue base of $74.6B. This is the record profit made by any company ever! During that quarter iPhone sales reached 75m with a hefty growth in China market, and iPhone revenue reached $51.18B (70% of total revenue). This is more than Google and Microsoft revenue combined for that quarter. As Tim Cook said, they sold 34000 iPhones every hour, 24 hours a day, every day of the quarter. Apple now is the most valuable company in the planet!

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