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Bigger than ever: Apple’s Q1 2015 results - Venture Insights

Report Overview

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Bigger than ever: Apple’s Q1 2015 results

PublisherEnders Analysis.
Publish Date February 8, 2015
Sector Internet, Media, Mobile, Technology, Telecom.
Company Apple.

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The iPhone 6 and 6 Plus drove Apple’s most extraordinary quarter ever, with the company’s position in the smartphone market improving on all fronts: explosive growth in China, rising market share in the US and a rising average sales price.

By contrast, iPad sales continued to decline in spite of the iPad Air 2’s release, suffering from cannibalisation by the phablet-sized 6 Plus and saturation in developed markets. Apple has a strategy to revive sales, which may bear fruit later in the year.

A slate of new products is coming this year, led in the spring by Apple Watch. The question is, will Watch be a significant new source of profit or just a way to protect the iPhone’s dominant position in the smartphone market.