Consumer electronics giant will releases its latest revenue figures on Monday
After a phenomenal 2014 for Apple Inc. (NASDAQ:AAPL), the consumer electronics giant is about to announce its earnings information from 2015. Market followers and city analysts alike will be paying extremely close attention to this critical data, as Apple hopes for positive sentiment ahead of the release of the Apple Watch.
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Apple breaks barriers
The last 12 months could hardly have gone any better for Apple commercially. After breaking through the $700 billion barrier for market capitalization, and thus becoming the first ever corporation to do so, the fourth quarter of the calendar year was also a monumental success for the corporation. In Q4, Apple recorded the highest ever single-quarter profit by in recorded business history.
It obviously doesn’t get much better than that for any company, and Apple topped it off by recently exceeding its great rival Samsung Electronics Co., Ltd. (SSDIY). According to the technology research firm Gartner Inc (NYSE:IT), Apple is now outselling the Korean corporation in the mobile marketplace. This is particularly significant as Samsung has always relied on selling large quantities of more affordable devices in the East Asian marketplace. Apple has now closed this gap, experiencing particular success in China, and this has been reflected in its new quantifiable success.
So the omens are good for Apple moving into 2015, but it is easy to forget that 2014 actually began with a sticky period for the company. Apple’s share price fell significantly at the beginning of last year as the city was unimpressed by lukewarm sales figures and unconvinced that the corporation could deliver significant new product niches.
Plenty has changed since then, as Apple stock has very significantly recovered…
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…and it is significant that this latest earnings information is coming just ahead of the release of the Apple Watch. This smartwatch perhaps best embodies the efforts that Apple has made to develop new product revenues, an ethos within the company that has been extremely successful.
