Apple Q4 earnings: A very strong quarter boosted by 39 million iPhones sold

Gigaom

The past quarter saw Apple launch the latest version of its most profitable product, the iPhone, as well as introduce its vision of wearable computing in the Apple Watch. Apple also had a very good quarter financially. On Monday, the company reported fiscal fourth-quarter revenue of $42.1 billion and net income of $8.5 billion, which works out to $1.42 per share.

The results beat expectations from analysts, who were expecting revenue just under $40 billion, which works out to $1.30 per share. [company]Apple[/company] provided its own guidance for fourth-quarter revenue between $37 billion and $40 billion.

The results are Apple’s highest per-share quarterly earnings in the company’s history. Revenue and net income are up nearly 11 percent revenue year over year.

Here are the device sales numbers:

  • 39.27 million iPhones shipped, versus 33.8 million last year.
  • 12.3 million iPads shipped, versus 14.1 million last year.
  • 5.5 million Macs shipped, compared to…

Ver o post original 499 mais palavras