Apple confirmed it would be announcing its third quarter 2015 earnings on Tuesday, July 21, and as scheduled the Cupertino-based company has unveiled the numbers.
As many analysts had expected, Apple had yet another strong quarter thanks to its popular products, but mainly on the shoulders of the iPhone. And, as has become par for the course, Apple posted yet another strong quarterly revenue:
“Apple® today announced financial results for its fiscal 2015 third quarter ended June 27, 2015. The Company posted quarterly revenue of $49.6 billion and quarterly net profit of $10.7 billion, or $1.85 per diluted share. These results compare to revenue of $37.4 billion and net profit of $7.7 billion, or $1.28 per diluted share, in the year-ago quarter. Gross margin was 39.7 percent compared to 39.4 percent in the year-ago quarter. International sales accounted for 64 percent of the quarter’s revenue.“
In total, Apple announced that it earned a revenue of $49.6 billion in the quarter, while managing to earn a total of $10.7 billion in total profit within the same stretch. As far as devices go, Apple sold 47 million iPhones, 10.9 million iPads and 4.7 million Macs. Numbers for the Apple Watch were not directly announced by Apple, much to the dismay of analysts.
However, Apple’s “other services” category, in which the Apple Watch is listed, including the Apple TV, showed a $2.6 billion in revenue.
Compare that to the 35.2 million iPhones and 13.28 million iPads Apple sold in the third quarter of 2014, with a revenue of $37.4 billion.
Tim Cook commented on the numbers for this quarter:
“We had an amazing quarter, with iPhone revenue up 59 percent over last year, strong sales of Mac, all-time record revenue from services, driven by the App Store, and a great start for Apple Watch,” said Tim Cook, Apple’s CEO. “The excitement for Apple Music has been incredible, and we’re looking forward to releasing iOS 9, OS X El Capitan and watchOS 2 to customers in the fall“
On April 27, 2015, Apple announced the second quarter earnings, with a revenue of $58 billion in the quarter, while managing to earn a total of $13.6 billion in total profit within the same stretch. As far as devices go, Apple sold 61.1 million iPhones, 12.6 million iPads and 4.5 million Macs in that time frame.