Tech giant Apple has recorded the largest profit in corporate history, raking in over $1 billion (R13.7 billion) a week for its 2015 financial year.<\/p>\n
The iPhone maker – the world’s biggest company – record sales of its smartphone – 48 million sold in the last quarter alone – pushed profits to $53.4 billion (R730.7 billion) over the past year.<\/p>\n
This surpasses the previous record holder, energy company ExxonMobil, which recorded $45.2 billion\u00a0(R618.5 billion)\u00a0in profit in 2008. Adjusted for inflation, that’s $50.1 billion (R685.6 billion).<\/p>\n
iPhone sales pushed profits up by 31% in the fourth quarter, the company said, while its full year revenues were pushing towards a quarter of a trillion dollars – $233.7 billion (R3.2 trillion).<\/p>\n
Apple made approximately $4.5 billion (R61.6 billion) in revenue per week – $1 billion (R13.7 billion) of which was pure profit.<\/p>\n
Apple Watch and iPhone 6S, 6S Plus SA pricing and launch detail<\/strong>s<\/a><\/p>\n How Apple plans to kill voicemail<\/a><\/strong><\/p>\n Orange wants to be an Apple retailer in SA<\/a><\/strong><\/p>\n