Apple Posts Record Profits After Surging iPhone Sales

05:19

January 28, 2015

Apple reported today that it sold 74.5 million iPhones in its holiday quarter, besting analyst predictions of 69 million in sales, and pushing profits to a record $18 billion.

One of the factors driving the growth was increased sales in China-- Apple reported that revenue in China was up 70 percent from the same period a year ago, to $16.1 billion.

CNN business reporter Maggie Lake joins Here & Now's Jeremy Hobson with details.

Guest

Maggie Lake, business reporter for CNN. She tweets @maggielake.

This segment aired on January 28, 2015.