The sales numbers for the latest iPhone have contributed to a 26 percent profit increase for creator Apple Inc. As reported by the Associated Press, the performance put the gadget ahead of previous market leader, the BlackBerry, in phone sales.
Despite the high number of iPhone sales, some expected the total sales number for Apple to reach $8 billion, with the company falling short at $7.9 billion. Concerns have arisen regarding the economy’s impact on holiday sales. A representative of the company addressed these concerns by focusing on the opportunity Apple will be presented to invest in research and development. The iPhone was launched in July and is currently sold in over 50 countries.
Apple saw huge sales in other products such as the iPod and Macintosh as well, despite previous fears that the economy would have negatively impacted the company’s back-to-school numbers. Mac sales reached 2.6 million in the last quarter and iPod sales toppled at 11.1 million. The total profit for Apple for the entire fiscal year was stated to show an increase of 38 percent to $4.83 billion.