Apple did suggest that they expected record quarterly sales for the iPhone, but the numbers that were released earlier today blew away all expectations. Below is a list of the sales compared to the projections.
“We’re thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs,” CEO Tim Cook said in a statement. “Apple’s momentum is incredibly strong, and we have some amazing new products in the pipeline.”
According to BusinessInsider, Apple now has $97 billion in cash, short term, and long term securities. Impressive, wouldn’t you say?
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It funny because the day after their shares rose 50 bucks which is incredible but since they have looked really shaky. I think they could see a significant correction soon especially if they stay under 595 for too long.
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