KA-CHING

Apple Sold 75M iPhones Over Christmas

Apple had record sales in the fourth quarter. It sold a whopping 74.5 million iPhones, far exceeding Wall Street expectations of 65 million. In comparison, during the 2013 fourth quarter, Apple sold just 51 million, which was a record at the time. The fourth quarter marked the first time Apple launched two new models with bigger screens. Apple also started selling the new iPhones in China in October, which also played into the breakthrough fourth-quarter success.