Apple has officially posted its Q4 2015 earnings results with $51.5 billion in revenue and $11.1 billion in profit from the July to September quarter. While Apple isn’t breaking out Apple Watch sales, Q4 is only the second quarter to include numbers for the product (grouped with iPods, Apple TVs, and more in the Other category) and the first to include any iPhone 6s and iPhone 6s Plus sales. Apple previously announced over 13 million iPhone 6s and 6s Plus launch sales with purchases completed by Saturday, September 26th included in today’s numbers.
Apple® today announced financial results for its fiscal 2015 fourth quarter ended September 26, 2015. The Company posted quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion, or $1.96 per diluted share. These results compare to revenue of $42.1 billion and net profit of $8.5 billion, or $1.42 per diluted share, in the year-ago quarter. Gross margin was 39.9 percent compared to 38 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.
Here’s Apple’s breakdown of iPhone, iPad, and Mac sales from the quarter:
- iPhone: 48 million units
- iPad: 9.8 million units
- Mac: 5.7 million units
Apple’s “Other” category, which holds Apple Watch, Apple TV, Beats hardware, iPods, and accessories, reported $3.04 billion in revenue. That’s update from $2.6 billion in the prior quarter.
Apple CEO Tim Cook had this to say about the quarter:
“Fiscal 2015 was Apple’s most successful year ever, with revenue growing 28% to nearly $234 billion. This continued success is the result of our commitment to making the best, most innovative products on earth, and it’s a testament to the tremendous execution by our teams,” said Tim Cook, Apple’s CEO. “We are heading into the holidays with our strongest product lineup yet, including iPhone 6s and iPhone 6s Plus, Apple Watch with an expanded lineup of cases and bands, the new iPad Pro and the all-new Apple TV which begins shipping this week.”
And Luca Maestri, chief financial officer at the company, said this:
“Apple’s record September quarter results drove earnings per share growth of 38% and operating cash flow of $13.5 billion,” said Luca Maestri, Apple’s CFO. “We returned $17 billion to our investors during the quarter through share repurchases and dividends, and we have now completed over $143 billion of our $200 billion capital return program.”
How do these numbers relate to past performance? Apple’s Q4 results compare to the prior quarter’s $49 billion in revenue, 47 million iPhone sales, 10.9 million iPad sales, and 4.7 million Mac sales. In the same quarter a year ago, Apple reported $42.1 billion in revenue, 39 million iPhones sold, 12.3 million iPads sold, and 5.5 million Macs sold. Apple reported $10.7 billion in profit in the prior quarter and $8.5 billion in profit in the year ago quarter.
Read on for Apple’s full Q4 earnings report, and stay tuned as we await Apple’s quarterly conference call at 2 p.m. PT/ 5 p.m. ET to discuss these results. Tim Cook and Luca Maestri are expected to deliver prepared commentary on the earnings results then field questions from analysts participating on the call. expand full story