Apple today announced financial results for the third calendar quarter and fourth fiscal quarter of 2014. For the quarter, Apple posted revenue of $42.1 billion and net quarterly profit of $8.5 billion, or $1.42 per diluted share, compared to revenue of $37.5 billion and net quarterly profit of $7.5 billion, or $1.01 per diluted share in the year-ago quarter.
Gross margin for the quarter was 38 percent compared to 37 percent in the year-ago quarter, with...
international sales accounting for 60 percent of revenue.
Apple also declared an upcoming dividend payment of $0.47 per share, payable on November 13 to shareholders of record as of November 10. The company currently holds $155.2 billion in cash and marketable securities.
For the full fiscal year, Apple generated $182.8 billion in sales, a new record for the firm, with $38.5 billion in net income. In fiscal 2013, Apple made $35 billion on $170.9 billion in sales. In 2014, Apple sold 18.9 million Macs and just shy of 14.4 million iPods, its lowest total for that category since 2004.
It sold a record 169.2 million iPhones on the year, up 150 million from 2012, and the company has now sold more than 590 million smartphones in total. It sold 68 million iPads in 2014 and the company has now sold 237.2 million tablets.
"Our fiscal 2014 was one for the record books, including the biggest iPhone launch ever with iPhone 6 and iPhone 6 Plus,” said Tim Cook, Apple’s CEO. “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.”Apple's guidance for the first quarter of fiscal 2015 includes expected revenue of $63.5-66.5 billion and gross margin between 37.5 and 38.5 percent.
Source:http://www.macrumors.com/2014/10/20/apple-earnings-fiscal-2014/
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