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Apple records yet another strong quarter thanks to the iPhone

Apple records yet another strong quarter thanks to the iPhone

Apple On The Street
October 27, 2015

The results are in for Apple’s fourth quarter of fiscal year 2015. The company made $51.5 billion in revenue and $11.1 billion in profit.

That’s compared to $42.1 billion in revenue and $8.5 billion profit in the same timeframe a year ago.

And once again, the iPhone led the way with 48.05 million units sold. While iPad sales continued to fall with just 9.8 million sold during the quarter, Apple claimed record Mac sales with 5.7 million computers sold.

Interestingly, margin increased to 39.9 percent during the quarter. International sales accounted for 62 percent of Apple’s revenue during the quarter.

“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.”

“Apple’s record September quarter results drove earnings per share growth of 38% and operating cash flow of $13.5 billion,” said Luca Maestri, Apple’s CFO. “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.”

Starting at 2 p.m. PDT, Apple will hold a financial results conference call for analysts. Anyone can listen by heading here.

You’ll need to have an iPhone, iPad, or iPod touch with Safari on iOS 7.0 or later, a Mac with Safari 6.0.5 or later on OS X v10.8.5 or later, or a PC with Edge on Windows 10.

We’ll update you if Apple announces any big news during the audio webcast.

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