Apple announces Q2 2015 revenue of $58b: 61.1m iPhones, 12.6m iPads, 4.5m Macs

Christy Turlington Burns & Tim Cook

Apple is out with its Q2 2015 earnings results today reporting $58 billion in revenue including $13.6 billion in profit earned during the first three months of this year.

Apple® today announced financial results for its fiscal 2015 second quarter ended March 28, 2015. The Company posted quarterly revenue of $58 billion and quarterly net profit of $13.6 billion, or $2.33 per diluted share. These results compare to revenue of $45.6 billion and net profit of $10.2 billion, or $1.66 per diluted share, in the year-ago quarter. Gross margin was 40.8 percent compared to 39.3 percent in the year-ago quarter. International sales accounted for 69 percent of the quarter’s revenue.

Aside from revenue and profit, Apple disclosed sales numbers or revenue for the these categories:

  • iPhone: 61 million units
  • iPad: 12 million units
  • Mac: 4 million units

Totals:

  • Revenue: $58 billion
  • EPS: $2.33 per share

Apple CEO Tim Cook had this to say:

“We are thrilled by the continued strength of iPhone, Mac and the App Store, which drove our best March quarter results ever,” said Tim Cook, Apple’s CEO. “We’re seeing a higher rate of people switching to iPhone than we’ve experienced in previous cycles, and we’re off to an exciting start to the June quarter with the launch of Apple Watch.”

Apple CFO Luca Maestri added:

“The tremendous customer demand for our products and services in the March quarter drove revenue growth of 27 percent and EPS growth of 40 percent,” said Luca Maestri, Apple’s CFO. “Cash flow from operations was also outstanding at $19.1 billion.”

Following last quarter’s record revenue and blockbuster iPhone numbers, the attention today ahead of the call largely focused on if Apple could maintain strong iPhone numbers after the initial launch and holiday season. Apple has previously shared that it does not plan to disclose Apple Watch sales numbers, which began earlier this month and will be included in the “Other” category with iPods during the company’s next quarterly report.

Apple’s Q2 2015 numbers compare to last quarter’s results of $74.6 billion in revenue and sales of 74 million iPhones, 21.4 million iPads, and 5.5 million Macs. For the same quarter a year ago, Apple reported $45.6 billion in revenue and sales of 43.7 million iPhones, 16.3 million iPads, and 4.1 million Macs. Compare also to profit last quarter of $18 million and a year ago of $9.5 billion.

Apple will hold its conference call soon at 2 PM Pacific/5 PM Eastern to discuss the company’s quarterly report. Stay tuned for our coverage of the call. Cook and Maestri typically share prepared remarks then address product and financial questions from analysts on the call.

The full Q2 earnings report is below: Read more

Apple TV adds NBC Sports channel with live event streaming

NBC Sports Apple TV

Apple has refreshed its channel lineup on the Apple TV to include NBC Sports Live Extra. The channel provides “thousands of live sporting events that air on NBC, NBCSN and Golf Channel” for free. Aside from live content, the channel includes loads of highlights and replays of sporting events to view at no charge; NBC Sports Live Extra users can activate the full channel (including content from CNBC, USA, and NBC) by verifying a cable subscription.

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AAPL’s numbers today are going to be huge, analysts predict: double-digit growth in all but iPads

aapl-q2-2015

With Apple set to reveal its fiscal Q2 earnings after market close today, analysts are expecting double-digit year-over-year growth in all categories except iPads. Fortune‘s roundup says that analysts predict revenue of $56.84B, up a massive 24.5% year-over-year, and above the top end of Apple’s $52-55M guidance. Earnings per share is predicted to be $2.21, up a third on the previous year, with gross margin just shy of Apple’s top-end guidance at 39.4%.

Double-digit growth is expected in both iPhones and Macs. For iPhones, the prediction includes sales just under 56M, 32.6% higher than the same quarter last year, while Mac sales are forecasted to hit 4.7M, 13.6% up on last year …  Read more

Major LA hospital integrating HealthKit data into patient records, but unclear if they can opt out

cedars-sinai-healthkit

LA’s Cedars-Sinai Medical Center is now integrating HealthKit data into patient records to provide doctors with a more comprehensive picture of the health of the patients they are treating, reports Bloomberg.

The hospital updated its online medical records system this weekend, turning on access to HealthKit for more than 80,000 patients, Darren Dworkin, chief information officer at Cedars-Sinai, said in an interview.

“This is just another set of data that we’re confident our physicians will take into account as they make clinical and medical judgments,” Dworkin said.

Tim Cook said back in February that he thought this type of use of HealthKit would be “profound” …  Read more

Apple moves to third-generation Siri back-end, built on open-source Mesos platform

siri-mesos

Apple is now on its third-generation system for handling Siri queries, moving to the open source Mesos platform, according to the Mesosphere blog. Apple reportedly made the announcement at the Bay Area Mesos meetup last week.

During a presentation, Apple engineers said that the switch to Mesos would reduce latency, assist scalability, and made it easier to deploy new services as Siri’s capabilities are expanded …  Read more

1.7M US Apple Watch orders to date, 22% of them shipped – Slice Intelligence

apple-watch-shipping

Slice Intelligence, which earlier estimated first-day US Apple Watch pre-orders at just under a million, said that the number has now reached 1.7M, and that 376,000 of them have shipped – around 22% of pre-orders. KGI has estimated worldwide shipments of 631,000 in Q1, with Q2 shipments expected to hit 3.8M.

Slice gathers its data by scanning the email inboxes of more than two million participating online shoppers and extrapolating its numbers from there. Of those panel members who ordered an Apple Watch, 22% of them were given a shipping date of Friday to Sunday inclusive …

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Best Apple analyst posts AAPL Q1-Q2 estimates: Macs shine, iPads disappoint, iPhone has peaked, 3.8M Watches

KGI-AAPL-estimates

KGI’s Ming-Chi Kuo, one of the few analysts we feel credible, has his Apple numbers ready for Q1 2015. The analyst projects iPhone, iPad, and Mac shipments to be 58.2 million, 10.1 million, and 4.5 million respectively. He also estimates that Apple Watch shipments are currently at 631,000 units.

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Review: Misfit’s Bolt LED bulb promises iPhone and wearable control of color-shifting lights

bolt-1

Two of the hottest product categories at this year’s CES were home automation and wearables, which Apple is now tackling with HomeKit and the Apple Watch. As has historically been the case, the price premiums Apple has set for its products have left plenty of room for more affordable alternatives. Misfit, a company co-founded by former Apple CEO John Sculley, is now competing in both categories: the just-released Bolt Wireless LED Smart Light Bulb ($50) joins a small collection of Bluetooth-controlled lights, while its late 2014 wearable fitness and sleep tracker Flash ($33-$50) is in the process of being upgraded to control Bolt.

Misfit’s pitch for Bolt is interesting. It’s billing the color-shifting bulb as producing “gallery-quality light,” and focusing its new Misfit Home app for iOS on creating “Lightscapes” — lighting scenarios including neutral bright white, warm sunrises and sunsets, candlelight, forest and volcanic tones, amongst other “scenes” where the color is set but the brightness is adjustable. When Bolt works, it’s a wonderful source of light, but as is common these days, some post-release tweaks will be needed to exploit its full potential…

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Consumer Reports initial tests unable to scratch Apple Watch sapphire, find heart-rate sensors accurate

I can’t remember if we’re still mad at Consumer Reports for Antennagate but they seem to be doing a thorough job at testing the Apple Watch as evidenced in the video below. Notable from their Day 1 tests is that the Apple Watch Sport screen does scratch but only after going pretty far down the Moh’s hardness scale (7-rated) into the unlikely to ever happen category.

Consumer-reports-apple-watch

The Sapphire Apple Watch however wouldn’t scratch under any circumstances, though it doesn’t appear that Consumer Reports had a diamond pick to test it against. Regardless, for intents and purposes, you likely will never see a scratch on the face of the Apple Watch (the back is a different matter)… Read more

First 12″ MacBook 1.3GHz benchmarks: top model rivals 1.4GHz iMac, 2014 MacBook Air

Following Apple’s shipments of the first 1.3GHz versions of the 12″ MacBook this week, benchmarks have started to appear online for the new Intel Core M-5Y71 machine. Geekbench 3 shows the following results for each model, which vary based on the testing mode (32/64-bit) and number of processor cores used (single or multiple cores).

MacBook 1.1GHz

  • 32-Bit: Single-Core Average 2212, Multi-Core Average 4070
  • 64-Bit: Single-Core Average 2428, Multi-Core Average 4592

MacBook 1.2GHz

  • 32-Bit: Single-Core Average 2348, Multi-Core Average 4603
  • 64-Bit: Single-Core Average 2579, Multi-Core Average 5185

MacBook 1.3GHz

  • 32-Bit: Single-Core Average 2387, Multi-Core Average 4673
  • 64-Bit: Single-Core Average 2816, Multi-Core Average 5596

The 1.3GHz MacBook’s 64-Bit scores represent 16%-22% improvements over the 1.1GHz model, and 8%-9% gains over the 1.2GHz model. On April 27, we updated the 32-Bit scores now that additional benchmarks have been posted; they show smaller gains over the lower-speed models. More details are below…

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Review: ChargeTech’s ChargeAll Portable Power Outlet lets any MacBook (or other Apple device) refuel on the road

chargeall-1

The first time I found an AC wall outlet under my seat on an airplane, I realized that I could use my MacBook Pro with its wall charger for hours, even if I’d partially discharged the battery before boarding. Later, when I rode a bus with an AC outlet onboard, the freedom to enjoy my laptop for hours made the long trip feel brief. But I’ve had far more trips without AC outlets than with them, and there have been plenty of times when my MacBook could really have used a recharge mid-trip.

That’s why I’m genuinely excited about ChargeTech’s ChargeAll Portable Power Outlet ($150-$200), which primarily exists to give you access to an AC outlet literally anywhere you might be — something that I can’t believe has taken so long to become available. There are two versions, one with 12,000mAh of power, and the other with 18,000mAh of power, either with enough energy to keep your MacBook going for hours on the road. Both units have the overcharge and short circuit protection you’d expect from a surge board — the difference is that you can toss them into a bag or a car…

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