Apple has just released its earnings report for the third quarter of fiscal 2015. For most of the company's established product lines, there are few surprises: iPhones are doing very well, Macs are doing pretty well, and iPads are slowly drooping.
Apple broke quarterly records with $10.7 billion in profit and $49.6 billion in revenue, compared to $7.7 billion in profit and $37.4 billion in revenue in Q3 of 2014. Its gross margin was 39.7 percent. These results easily beat Apple's guidance for the quarter, which predicted revenue between $46 billion and $48 billion and profit margins between 38.5 and 39.5 percent.
The Americas are still Apple's biggest region, and it showed strong growth from last year. However, China remains by far Apple's fastest-growing market, which the company has attributed to the larger screens of the iPhone 6 and 6 Plus. More carriers have also picked up the iPhone in the last year or two, including China Mobile.
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