Not too long ago, Apple confirmed that it would be hosting its quarterly earnings report on Tuesday, October 27. Right on schedule, the results are in.
As has become par for the course at this point, Apple has posted yet another strong quarter. And, as usual, the iPhone is the product leading the charge. Apple’s other key products, including iPads and Macs, were still sold in the millions, all of which combined to earn the Cupertino-based company billions in revenue in the three month span. This is the first quarter that shows any iPhone 6s and iPhone 6s Plus launch sales.
Apple® today announced financial results for its fiscal 2015 fourth quarter ended September 26, 2015. The Company posted quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion, or $1.96 per diluted share. These results compare to revenue of $42.1 billion and net profit of $8.5 billion, or $1.42 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.
As far as the numbers go, Apple announced that it earned a revenue of $51.5 billion in the quarter, while managing to earn a total of $11.1 billion in total profit within the same stretch. As far as devices go, Apple sold 48 million iPhones, 9.8 million iPads and 5.7 million Macs. As far as the Apple Watch is concerned, there’s still no announcements made by Apple regarding the company’s most personal device to date.
Tim Cook, Apple’s CEO, chimed in on the results, once again praising the hard work from everyone at Apple and the impressive numbers posted in the quarter:
“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.”
Comparing the fourth quarter of 2015 to the fourth quarter of 2014, Apple made $42.1 billion in profit, thanks to the sale of 39 million iPhones, 12.3 million iPads and 5.5 million Macs.