Apple Sold 30,000 iPhones An Hour Last Quarter, Scored Record Profits

Sales of Apple's larger iPhone 6 and 6 Plus hit one out of the ballpark last quarter, reports NPR's Laura Sydell.

"Apple sold over 74 million iPhones in three months and it made $18 million in profits — that's a record for the company. Apple CEO Tim Cook said that they sold 30,000 iPhones every hour."

"The sales may reflect pent up consumer demand — many people were waiting for Apple to release a phone with a bigger screen, which its main competitor, Samsung, already had."

"Apple also got a boost from China, where sales were up 70 percent.



from Rhode Island Public Radio http://ift.tt/1yMpQtv