A Quiet Financial Quarter for Apple

Apple released their financial results for the 2nd quarter of 2014. They made less money than last quarter, which is to be expected as they didn’t release any new products. It’s still a shitload of revenue (US$45.6b) and a shitload of profit (US$10.2b).

They sold less iPads than this time last year too, but sold more Macs and iPhones. 66% of their overall sales were from outside the USA. The cash machine is still ticking over at Apple, no doubt about it. Contemplate those numbers for a second – in 90 days, Apple made *profit* of ten billion dollars. That’s over $100m a day – and it’s a quiet quarter for Apple, with no new product releases and no holiday surge.

MG Siegler has more informed analysis than me.