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Apple News

Apple Reports Q4 2014 Financial Results

21/10/2014
Apple Reports Q4 2014 Financial Results

The figures speak for themselves, really, so we don’t have to add much. With a quarterly net profit of $8.5 billion, and $42.1 billion dollars of revenue (earnings of $1.42 per share), Apple has clearly surpassed last year’s Q4 numbers ($7.5 billion net, $37.5 billion revenue). Gross margin for this year – 38%.

Apple Q4 2014 Earnings

So which devices are responsible for this financial success? Apple’s iPhone sales are the main “culprit” (the company sold 39.2 million handsets), followed closely by Mac sales (impressive 5.52 million). The iPad sales, however, didn’t bring in as much. Apple sold 12.3 million slates, while the expectations stood at 13.1 million. Last year, the company managed to sell 14.1 million tablets in Q4 2013.

Seems that Apple is not planning on stopping here. Its prediction for the next fiscal quarter is optimistic – revenue in the range of $63.5 and $66.5 billion.

Bear in mind that the next quarter is going to include the very lucrative shopping season, and with the iPhone 6, the iPhone 6 Plus, and the iPad Air 2 out, we can expect the sales only to go up.

“Our fiscal 2014 was one for the record books, including the biggest iPhone launch ever with iPhone 6 and iPhone 6 Plus. With amazing innovations in our new iPhones, iPads and Macs, as well as iOS 8 and OS X Yosemite, we are heading into the holidays with Apple’s strongest product lineup ever. We are also incredibly excited about Apple Watch and other great products and services in the pipeline for 2015,” said Tim Cook, Apple’s CEO.

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