By Alex Brooks iPhone Unit Sales (Up to Q115)
Apple today announced financial results for its first fiscal quarter of 2015 which ran from the end of September, 2014 until December end. Notably the quarter is the first to feature complete coverage of iPhone 6 sales. For the quarter Apple posted revenue of $74.6 billion and net quarterly profit of $18 billion, or $3.06 per diluted share (adjusted for stock split). These results compare to revenue of $57.6 billion and net profit of $13.1 billion, or $14.50 per diluted share, in the year-ago quarter.
Gross margin was 37.9 percent compared to 37.9 percent in the year-ago quarter. International sales accounted for 65 percent of the quarter’s revenue.
Apple reported the following number of shipments for its products during the quarter:
74.5 million iPhones compared to 51 million in the year-ago-quarter
21.4 million iPads compared to 26 million in the year-ago-quarter
5.5 million Macs compared to 4.8 million in the year-ago quarter
Internet services, led by sales of Apps on the iOS and Mac App Store, Apple Pay, and others generated revenue of $4.79 billion.
“We’d like to thank our customers for an incredible quarter, which saw demand for Apple products soar to an all-time high,” said Tim Cook, Apple’s CEO. “Our revenue grew 30 percent over last year to $74.6 billion, and the execution by our teams to achieve these results was simply phenomenal.”
“Our exceptional results produced EPS growth of 48 percent over last year, and $33.7 billion in operating cash flow during the quarter, an all-time record,” said Luca Maestri, Apple’s CFO. “We spent over $8 billion on our capital return program, bringing total returns to investors to almost $103 billion, over $57 billion of which occurred in just the last 12 months.”
Apple provided the following guidance for its fiscal 2015 second quarter which ends in March:
revenue between $52 billion and $55 billion
gross margin between 38.5 percent and 39.5 percent
operating expenses between $5.4 billion and $5.5 billion
other income/(expense) of $350 million
tax rate of 26.3%
Source: World of Apple
