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Apple Q4 2015 results show record revenue of $51.5bn
While the quarterly results were bolstered by its iPhone sales, as the company said it sold over 48 million during the quarter, which was up from last year’s 39 million during the same quarter, the company was very cautious about its sales during the upcoming key sales period during the holiday.
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Looking back over the whole year Apple CEO Tim Cook stated “Fiscal 2015 was Apple’s most successful year ever, with revenue growing 28 per cent to almost $234 billion”.
Cook said that Apple is heading to the holiday season with its “strongest product line-up yet”, and expects the iPad Pro, which begins selling in November, and the new Apple TV, which starts shipping this week, to further reinforce the company’s position.
The Cupertino-based firm saw revenue climb from 42.1 billion U.S. dollars (£27.5 billion) this time a year ago to 51.1 billion USA dollars (£33.3 billion) in these results, with profit up by 2.6 billion United States dollars (£1.6 billion).
Apple has posted another set of record quarterly results, with income of the iPhone.
Apple said it sold 5.7 million Macintosh computers in the quarter ending September 26, up from 5.5 million in the same period a year ago.
Apple estimates a $75.5 to $77.5 billion revenue for its December quarter.
iPhone shipments to China increased 87 per cent year-over-year, and revenue reached $12.5 billion for Q4 2015. There were no specific sales figures pertaining to Apple Watch, however, the results showed revenue from “other” products was $3 billion over the same period.
However, sales in the world’s second largest economy were down on the previous quarter, when Apple recorded revenues of $13.2 billion.
So it has not been surprising that Apple reported $51.5 billion in revenue from its September quarter, according to a report from Apple Insider. Apple also now has $206 billion in cash, a number that is hard to fathom. Those dropped a whopping 20 percent year over year to 9.1 billion units.
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While talking about the global markets, Cook also mentioned the importance of high growth markets outside the United States like India and especially China.