Interesting article today about how iPhones sales have beat expectations. Here’s what the BBC had to say about it:
Net profits hit $1.23bn (£953m), or $1.35 a share, in the fiscal third quarter to 27 June, from $1.07bn, or $1.19 a share, a year earlier.
Apple sold more than 5.2 million iPhones in the quarter, seven times greater than the same period a year, before, boosted by a new iPhone model.
Analyst reacted positively to the news and shares rose in after-hours trade.
Shares of Apple ended at $151.60 before rising to $157.02 after the results.
I must say the iPhone is a wonderful device, epitomising the development of mobile technologies into this new century. The device is capable of a totally new experience, one that other devices are starting to catch up with, but when it first came out, it was a huge step forward for phone innovation. Whether you use it to play with an application that calculates how your exercise will burn fat, or play games on it, or browse the web; it’s a device with a million uses. It has introduced a large segment of the population to new technology and turned around Apple’s fortunes.
What a great device!