Apple Earnings Released, Revenue $51.5 Billion

Chris CrumBusiness

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Apple just released its financial results for its fiscal 2015 fourth quarter ended September 26. It beat Wall Street expectations on revenue and EPS with $51.5 billion and $1.96 respectively. Net profit was $11.1 billion.

For comparison, the year-ago quarter saw revenue of $42.1 billion, net profit of $8.5 billion, and $1.42 per diluted share.

Apple reported gross margin of 39.9% compared to 38% during the same period last year. International sales accounted for 62% of this quarter’s revenue.

“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 Apple CEO Tim Cook. “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 CFO Luca Maestri. “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.”

You can find the full earnings release here.

Image via Wikimedia Commons

Chris Crum
Chris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Follow Chris on Twitter, on StumbleUpon, on Pinterest and/or on Google: +Chris Crum.