Apple posts biggest quarterly profit in history
28th January 2015
On the 28th January 2015, record sales of Apple's iPhone caused a surge in profits bringing Apple's net profit to $18bn (£11.8bn). At the time, this was the biggest quarterly profit ever made by a public company.
IPhone sales totalled 74.5million in Q4 2014. A significant proportion of these sales was due to expansion in China, with Apple becoming the number one smartphone company in that region.