Apple announces Q1 2015 revenue of $74.6b: 74.4m iPhones, 21.4m iPads, 5.5m Macs

(Image via Michael Steeber)

Apple announced its Q1 2015 earnings results today reporting $74.6 billion in revenue earning $18 billion in profit during the three-month period.

Apple® today announced financial results for its fiscal 2015 first quarter ended December 27, 2014. The Company posted record quarterly revenue of $74.6 billion and record quarterly net profit of $18 billion, or $3.06 per diluted share. These results compare to revenue of $57.6 billion and net profit of $13.1 billion, or $2.07 per diluted share, in the year-ago quarter. Gross margin was 39.9 percent compared to 37.9 percent in the year-ago quarter. International sales accounted for 65 percent of the quarter’s revenue.

In addition to its revenue and profit disclosure, Apple reported sales numbers for the following categories:

  • iPhone: 74.4 million units
  • iPad: 21.4 million units
  • Mac: 5.5 million units
  • iTunes: $4.7 billion
  • Accessories: $2.6 billion

Totals:

  • Revenue: $74.6 billion
  • EPS: $3.06 per share

Apple CEO Tim Cook said the following regarding the quarter:

“We’d like to thank our customers for an incredible quarter, which saw demand for Apple products soar to an all-time high,” said Tim Cook, Apple’s CEO. “Our revenue grew 30 percent over last year to $74.6 billion, and the execution by our teams to achieve these results was simply phenomenal.”

Apple CFO Luca Maestri added this:

“Our exceptional results produced EPS growth of 48 percent over last year, and $33.7 billion in operating cash flow during the quarter, an all-time record,” said Luca Maestri, Apple’s CFO. “We spent over $8 billion on our capital return program, bringing total returns to investors to almost $103 billion, over $57 billion of which occurred in just the last 12 months.”

Ahead of today’s earnings report, sales numbers for both the iPhone and iPad were particular areas of interest. Q1 2015 held the bulk of the iPhone 6 and iPhone 6 Plus sales in the United States and saw the new iPhone models debut in key countries like China. Meanwhile, the iPad sales numbers were particularly interested following last quarter’s year-over-year shipment decrease and the release of the iPad Air 2 and iPad mini 3 in October.

Apple’s Q1 2015 numbers follow last quarter’s results of $42.1 billion in revenue and sales of 39 million iPhones, 12.3 million iPads, and 5.5 million Macs. For the same quarter a year ago, Apple reported $57.6 billion in revenue and sales of 51 million iPhones, 26 million iPads, and 4.8 million Macs. Compare also to profit last quarter of $8.5 million and a year ago of $13.1 billion.

Apple will hold its conference call today at 2 PM Pacific/5 PM Eastern to discuss the quarter’s numbers, follow along for our coverage then. Both Cook and Maestri will likely share prepared remarks then answer a round of questions from analysts on the call.

For Q2 2015 Apple is providing guidance between $52 billion and $55 billion. The full Q1 earnings results release is below:

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1Password for iOS adds one-time password tool for two factor auth, new login creator, more

The popular secure password management app 1Password is out with a big update today adding new features on both iOS and Mac. Arriving in version 5.2 of 1Password for iOS is a new login creator tool, a one-time password tool for use with two factor auth, new entry fields for pro users, and more. On the Mac side, 1Password version 5.1 was released adding a number of improvements to sync. This includes the ability to sync secondary vaults to iOS over WiFi. More on the major new features below:

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AAPL earnings will come in well above upper end of company’s guidance, say analysts, at $68.3B

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Fortune has done its usual analyst poll ahead of Apple announcing its Q1 earnings tomorrow, and Wall Street is expecting the company to significantly out-perform its earnings guidance of $63.5 to $66.5B.

The consensus among the analysts Fortune polled — 20 professionals and 15 amateurs — is that Apple’s total sales for fiscal Q1 2015 will come in at about $68.3 billion, up 21% year over year.

That would be $1.8B above the upper end of the expectations Apple set back in October …  Read more

Twitter’s war on developers continues: Tweetbot for Mac falls victim to token limit, gets pulled from App Store

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In November, 9to5Mac brought you an exclusive interview on Twitter’s limitations on third-party developers with the Iconfactory’s Gedeon Maheux. In the original article, Maheux said that development on Twitterrific 5 for Mac had stalled due to Twitter’s strict limits on how many users can login to a particular application.

While Twitterrific 5 is the first application to have been stuck in development because of these limits, another popular client seems to have claimed the title of the first Twitter app for Mac to run into the token ceiling: Tweetbot.

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Apple pushes pre-release OS X 10.10.2 (14C106a) preview to testers

OS X 10.10.2 beta

After several preview releases to testers, Apple has pushed yet another OS X 10.10.2 build to pre-release Yosemite testers through the Updates section of the Mac App Store. Previous builds of the Mac operating system focused on improving bugs with WiFi, Mail, and VoiceOver, and this pre-release seed is no exception. We’ll update our coverage with what we find in the latest pre-release seed. Read more

Dropbox will no longer support OS X 10.5 or older starting May 18th

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Dropbox has announced through an email to users on older versions of OS X that it will soon be discontinuing support for computers running Leopard or other older versions of the operating system. Users still running anything older than OS X 10.6 will need to upgrade in order to continue using future versions of the Dropbox app.

Users who don’t upgrade will still be able to use the web-based Dropbox manager, but will be automatically signed out of the Mac app. From that point forward, they will not be able to login back into the Mac client until they are on a newer version of OS X.

The changes will go into effect on May 18th, so users still have plenty of time to upgrade their software (or hardware, if necessary). The full email is included below:

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KGI: Apple is designing its own Mac processors; Intel and Global Foundry added to Apple’s chipmaking stable

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Is an A-series chip destined for a future model of the 12-inch MacBook Air?

A KGI report predicts that Apple will begin using its own processors for Macs “in the next 1-2 years,” with a specific prediction of a Samsung-fabbed A10X chip powering at least one Mac made in 2016. The wording appears to suggest an entry-level machine–possibly a future model of the 12-inch MacBook Air.

Apple may launch Mac products that use own AP [Application Processor] in next 1-2 years. This prediction is based on the assumption that Apple’s self-developed AP performs at a level between Intel’s Atom and Core i3 and is good enough for Mac. Using self developed AP can help Apple better control the timing of Mac launches and Mac product features.

With performance between an Atom and Core i3, the chip would not be suitable for mid- to high-end Macs.

An accompanying table (below) shows an A10X chip made with a 10-nanometer process to be made by Samsung at some point during 2016 …

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Roundup: Find all of 9to5Mac’s CES 2015 coverage in one place

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If you’ve somehow missed the overflow of coverage from CES 2015 last week, don’t worry, we’ve got you covered. During the show we took a look at the latest devices and accessories that are expected to be released throughout 2015. The show was packed with new smartphones, home automation tools, cases, and some unexpected surprises. If you didn’t catch all of the coverage from the show, check out the roundup below with links to everything that we found interesting…

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OS X Yosemite Spotlight search ignores Mail content setting posing potential security risk

OS X Yosemite Mail

Apple’s Mac operating system is generally considered to be secure, but German security researchers have discovered what appears to be an oversight in how OS X 10.10 Yosemite’s overhauled search feature, Spotlight, handles remote content loading in messages through the default Mail app.

As Ars Technica reports, Spotlight search on OS X Yosemite appears to be overriding Mail’s security feature that prevents content stored on remote servers like images from being loaded which spammers can use to track personal information including IP address and more. Read more

The best iPad, iPhone + Mac accessories at the 2015 CES

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There are thousands of new Apple accessories at the 2015 CES – so many that it’s hard sometimes to separate what’s truly cool from everything else. Starting with HomeKit-integrated accessories, here’s our running list of the best new iPad, iPhone, and Mac products 9to5Mac has seen at the show. We updated this article on January 9, 2015 – the final day of CES – to include our last batch of top picks.

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Seagate and LaCie debut fashionable/wireless hard drives for iOS and Mac ahead of 2015 CES

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Seagate and its LaCie subsidiary have announced five new hard drives just ahead of this week’s 2015 CES, including two new iOS-compatible wireless models and three new Mac-only disks. All except one will be available in January from the company’s web sites.

For iOS, the 500GB Seagate Wireless ($130) is an economical and portable, battery-powered hard disk designed to compete with G-Technology’s G-Connect and Western Digital’s My Passport Wireless. Just under 4″ on each side and less than an inch thick, Seagate’s version is designed to look fun, with your choice of green, blue, gray, red, or white matte housings, and uses integrated Wi-Fi to connect with iOS devices and Macs for media playback as well as Android/Windows/Chrome. It runs for nine hours between charges and can connect to 3 devices simultaneously.

Seagate Seven ($100) is a Mac-only alternative that promises to be the world’s thinnest portable hard drive. Made from 100% stainless steel, the enclosure is only 7mm thick and includes a USB 3.0 cable for connecting to a computer, giving up wireless in order to achieve its small size. In a break from traditionally boxy or rounded hard drives, Seven is actually slim enough to let you see the contours of the traditional hard disk mechanism inside. Three additional drives are discussed below…

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