Apple Q3 2015: 47.5 Million iPhones Sold, $49.6 Billion in Revenue
Ahead of the earnings call, analysts gave their best shots to estimate Apple’s bread and butter: the number of iPhones sold during the past quarter. Who had it right? Well, the numbers are in, so it’s easy to tell: Apple sold 47.5 million iPhones in the June quarter and reported a quarterly revenue of $49.6...
Wall Street Assesses Apple Q3 Figures
Apple has reported strong third-fiscal-quarter sales of 35.2 million iPhones – accounting for 53% of the company’s revenue – but it also failed to meet some of the Wall Street’s expectations. Fortune has gathered some of the analysts’ takeaways from yesterday's report. Gene Munster of Piper Jaffray pointed to Apple’s lower-than-expected September quarter guidance, claiming...