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Today, Cupertino tech giant Apple had just announced the financial results for its fiscal 2015 fourth quarter ended September 26, 2015. Care to see the results? If yes, then continue reading.
Apple Was Just Short Of Reaching The 50 Million iPhone Sales Mark – Read All The Remaining Details Here
According to the details posted on Apple’s website, the company was able to beat revenue expectations and exceeded the amount the company generated during its Q4, 2014 results. Apple posted quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion, or $1.96 per diluted share. In comparison, during Q4, 2014, the tech giant had generated a total revenue of $42.1 billion and net profit of $8.5 billion, or $1.42 per diluted share.
Coming to the gross margin results; it was 39.9 percent compared to 38 percent during Q4, 2014 and international sales had accounted for 62 percent of this quarter’s revenue. According to Tim Cook, he seems quite optimistic over the future, and why would he not be, considering the company he is spearheading has a lineup of powerful and efficient products.
“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. 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.”
According to the company’s CFO Luca Maestri, September quarter results drove earnings per share growth of 38 percent and operating cash flow of $13.5 billion. According to the executive, $17 billion has been returned to investors in the form of share repurchases and dividends, and the company has also completed over $143 billion of its $200 billion capital return program.
Individual Apple Product Highlights
Coming to the segment to see how each individual product did, Apple’s iPhone sales tally was 48.05 million, which is an increase of 22 percent year-over-year and, although expectations were ball parked at 48.5 million units for this quarter. iPad sales were down, reaching a figure of 9.88 million, down 20 percent year-over-year, and way below expectations of 10.2 million. Apple Mac units had an increase of 4 percent year-over-year, beating the sales expectation of 5.6 million units to register a total of 5.71 million units sold.
Total liquidated cash with Apple is $206 billion and December quarter revenue stands as follows:
$75.5-$77.5 versus expectations of $77.13 billion
With the results posted for Q4, 2015, Apple seems optimistic about the future. Do you guys feel the same way about the company? Let us know your thoughts.
