Apple’s profit up 33% to $17 billion following iPhone sales push

Apple’s profit up 33% to $17 billion following iPhone sales push

Continued demand for the iPhone 6 has pushed Apple’s quarterly profits up by 33% to $US13.57 billion ($A17.29 billion).

The tech titan last night announced its results for the fiscal quarter ending March 28, revealing the profit jump from $US10.22bn this time last year.

Apple pinned the growth on strong iPhone and Mac sales, as well as an “all-time record performance” of the App Store.

The electronics giant sold 61.2 million iPhones in the three months, helping it turn over US$58 billion for the quarter – a 27% jump from US$45.6 billion in March 2014.

“We are thrilled by the continued strength of iPhone, Mac and the App Store, which drove our best March quarter results ever,” said chief executive Tim Cook.

“We’re seeing a higher rate of people switching to iPhone than we’ve experienced in previous cycles, and we’re off to an exciting start to the June quarter with the launch of Apple Watch.”

COMMENTS