Apple reports 2015 Q4 results: $51.5 billion revenue & $11.1 billion net profit

On October 27, Apple reported its 2015 fourth quarter financial results. Apple posted a quarterly revenue of $51.5 billion and net profit of $11.1 billion. Compare this to one year ago, that’s up from revenue of $42.1 billion and net profit of $8.5 billion. Says CEO Tim Cook in a press release: “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. 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.”

Now let’s break it down by product category. Apple sold 48 million iPhones in the quarter (compared to 39.2 million in the year-ago quarter); 9.8 million iPads (compared to 12.3 million); and 5.7 million Macs (compared to 5.5 million). As for iPod, Apple TV, and Apple Watch, the company stuffs these products into a single category called Other Products and unfortunately does not disclose how many units of each were sold. However, what we do know is that this division accounted for $3 billion of Apple’s revenue this quarter (compared to 1.9 million in the year-ago quarter).

Looking ahead to the first fiscal quarter of 2016, Apple CFO Luca Maestri expects revenue between $75.5 billion and $77.5 billion.

[Via Apple]

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