HomeinetSignificant profits for Apple in the last quarter

Significant profits for Apple in the last quarter

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The company sold over 39 million iPhones.

OR Apple announced its financial results for the fourth quarter of 2014 and once again the numbers exceeded all expectations.

Apple's fiscal year ends on September 27. So the fourth quarter, which marks the end of the fiscal year, also includes the launch of new iPhones.

Apple's revenue reached $42.1 billion in the quarter, while net income reached $8.5 billion. In the same quarter last year, revenue was $37.5 billion, while net income was $7.5 billion.

The company sold 39.3 million iPhones. iPad sales weren't as good, with 12.3 million units sold.

Here are the 15 most important points of the company's announcements..

– Apple acquired 20 companies in 2014, 7 in September.
– Fourth quarter had the best profit growth in seven fiscal quarters.
– Record quarterly sales for Macs.
– iPhone holds 69% of the smartphone market in the US.
– Baidu gave iPhones to 20,000 of its employees, creating 30 of its own apps.
– Apple still has problems meeting the high demand for the new iPhone 6.
– iPad sales fell for the third fiscal quarter.
– Record new release registrations in the iTunes Store.
– Apple’s authorized developers reach 10 million, a 22% increase.
– Apple’s physical stores recorded record revenue, reaching $5.1 billion.
– The average revenue per store was $11.9 million, with an average number of visitors of 18,000 per week.
– Apple opened 10 new stores this quarter, bringing the total number of physical stores to 437.
– Apple now has $155.2 billion in cash.
– Apple will change the way it presents financial results – iPhone, iPad, Mac and – Services will be separate, while an “other category” will include accessories such as Beats, as well as iPod, Apple TV and Apple Watch.
– Cook emphasized that the Apple Watch will be included in this new category because it does not want competitors to know too much about it.

Source: appleworldhellas.com

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