Apple Posts Profits For Fourth Quarter of 2014:
Apple posts revenue of $42.1 billion dollars and quarterly net profit of $8.5 billion dollars. The previous 2013 quarter the same time period, net profit was at $7.5 billion dollars. The international sales of Apple’s products were 60% of revenue.
A statement from the CEO (Chief Executive Officer) of Apple, Tim Cook; states, “With amazing innovations in our new iPhones, iPads, and Macs, as well as iOS 8 and OS X Yosemite, we are heading into the holidays with Apple’s strongest product lineup ever. We are also incredibly excited about Apple Watch and other great products and services in the pipeline for 2015”.
Achievements:
Apple mad the Macs, one of the best personal computers in the world, with OS X, iLife, iWork and other professional software. The digital music revolution was led by Apple Company who created the iTunes online store and iPods. The technology company modified and pioneered and revolutionized the mobile phone. The tech giant through the App store and the iPhone defined the future of mobile media and mobile computing.
iPad Air 2:
Apple released the iPad Air 2 which is the most powerful and thinnest iPad to date. The device will feature improved Retina display for better contrast and richer, greater vibrant colors. The cameras will show better stunning photos and videos. The device will come in various colors such as gray, silver, and gold. There will also be a touch Identification fingerprint sensor system for more security.
Apple Pay:
Apple Pay is a new category of service Apple will introduce into the market. Apple Pay will enable users to process mobile payments with secure, private, and easy way to pay. The technology is made of the NFC antenna design with a dedicated chip known as the Secure Element, with the Touch ID. Users register their debit or credit card on the iTunes Store account in order for the flow of the payment system of Apple Pay to work. Apple Pay can be used in store, and online. The payment system will be introduced into the iPhone 6 Plus and iPhone 6, and later introduced into the iOS 8 operating system.
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