Apple reports $10.7bn profit in fiscal Q3 2015

Coral Williamson

Apple has announced financial results for its fiscal Q3 2015, ending June 27.

Net profit stood at $10.7 billion, or $1.85 per diluted share, up from $7.7 billion, or $1.28 per diluted share in same period last year.

Revenue for the quarter was $49.6 billion, up 33% year-on-year - CEO Tim Cook noted revenues had their fastest growth rate in over three years in the financial results conference call.

Gross margin was 39.7% compared to 39.4% in Q3 2014. International sales ...

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