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Apple Reports Great Year – Home Technology Montreal
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Apple earnings

Apple Reports Great Year

Apple today announced financial results for its fiscal 2015 fourth quarter ended September 26, 2015. The Company posted quarterly revenue of $51.5 billion (US) and quarterly net profit of $11.1 billion (US), or $1.96 (US) per diluted share. These results compare to revenue of $42.1 billion (US) and net profit of $8.5 billion (US), or $1.42 (US) per diluted share, in the year-ago quarter. Gross margin was 39.9 percent compared to 38 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.

iPhone, iPad, and Mac sales for the quarter broke down as follows:

  • iPhone: 48 million units
  • iPad: 9.8 million units
  • Mac: 5.7 million units

Apple’s “Other” category, which includes Apple Watch, Apple TV, Beats hardware, iPods, and accessories, reported $3.04 billion in revenue. That’s up from $2.6 billion in the prior quarter.

 

Data curated by FindTheCompany
The growth was fueled by record fourth quarter sales of iPhone, the expanded availability of Apple Watch, and all-time records for Mac sales and revenue from services. Apple CEO Tim Cook had this to say:

“Fiscal 2015 was Apple’s most successful year ever, with revenue growing 28% to nearly $234 billion. This continued success is the result of our commitment to making the best, most innovative products on earth, and it’s a testament to the tremendous execution by our teams,” said Tim Cook, Apple’s CEO. “We are heading into the holidays with our strongest product lineup yet, including iPhone 6s and iPhone 6s Plus, Apple Watch with an expanded lineup of cases and bands, the new iPad Pro and the all-new Apple TV which begins shipping this week.”

And Apple’s CFO added:

“Apple’s record September quarter results drove earnings per share growth of 38% and operating cash flow of $13.5 billion. We returned $17 billion to our investors during the quarter through share repurchases and dividends, and we have now completed over $143 billion of our $200 billion capital return program.”

 

Data curated by FindTheCompany

 

Bob Benedetti

Former RCAF Fighter Pilot Bob worked for CTV Montreal as a Reporter, Producer and Executive producer for 35 years retiring in 2004. Bob started reporting on personal technology in 1995 at CTV and continues today at Home Technology Montreal

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