Tim Cook, the CEO of Apple Inc., said that the demand of consumers for brand new iPhone models has been staggering and difficult to comprehend. This consumer demand helped Apple to reach record-breaking earnings for the latest quarter. This also caused the stock price of Apple Inc. to increase by more than seven percent in three days after the announcement.
Apple Inc. is reported to sell a total of 74.5 million iPhones in just a single quarter that ended in the month of December. However, after this record-smashing report, what can Apple actually do next? Some are hopeful, but some are actually worried that the company is just depending too much on iPhones.