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Apple Q4 2015 results show record revenue of $51.5bn

by Mark Tyson on 28 October 2015, 10:06

Tags: Apple (NASDAQ:AAPL)

Quick Link: HEXUS.net/qacvsk

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Apple released its Q4 2015 financial results a few hours ago. Looking at the headline figures, for the period ending 26th September, the Cupertino-based firm has done extremely well boasting of a record fourth quarter revenue of $51.5bn, and net profit of $11.1bn. A year ago its Q4 results showed revenue of $42.1 billion, and net profit of $8.5 billion. International sales brought in over 60 per cent of Apple's revenue.

Apple's Q4 2015 results, highlighted in yellow

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 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."

Apple's results statement said the record results were thanks to "record fourth quarter sales of iPhone, the expanded availability of Apple Watch, and all-time records for Mac sales and revenue from services". A BBC report put most of Apple's success down to the iPhone and its sales numbers in China in particular. Compared to a year ago Apple has nearly doubled its iPhone sales in China, with $12.52bn worth sold in the most recent quarter.

Still on the subject of iPhones, Tim Cook said the conversion rate from Android users is now the highest ever; as many as 30 per cent of new iPhone users left Google's smartphone platform behind.

iPad sales continue to decline, though some analysts think the new iPad Pro might help put the brakes on the downturn. Mac computers look like they are capable of filling the void left by iPad sales, especially with their high value and margins.

Unfortunately Apple shied away from revealing specific details concerning the Apple Watch, we just heard that it did better this quarter thanks to expanded availability. The revenue generated by the 'other products' category, of which it is part, did experience a 15 per cent sequential and 61 per cent increase year on year.



HEXUS Forums :: 17 Comments

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Never has the phrase “a fool and his money are easily parted” been more apt.

Apple must be laughing all the way to the bank with their “Charge more for less” strategy and their underpaying of workers.

Do people actually realise that an iPhone costs apple $200 to make?
Wonder how how many people were driven off Android by the early Lollipop 5.0 horrors.
DanceswithUnix
Wonder how how many people were driven off Android by the early Lollipop 5.0 horrors.

TBH I've always wondered why standard android comes with the worst SMS app of all time.

I know SMS is a bit oldskool but it's basically free.
Just back from “vacation” in Florida and I was really struck by how incredibly popular the iPhone5's and 6's are. Basically if you were looking for a smartphone case at Universal, Disney, etc and you didn't have iPhone5/6 or Samsung Galaxy 5/6 then you were utterly out of luck. That, in addition, to seeing a pretty much 3:1 ratio of iPhoner's to Android users. I also saw quite a few folks touting the Apple Watch in the ride queues. Which, I guess, goes some way to account why Apple is still such a force in the market.

I also find the US Apple Store “experience” to be far better than the one over here. Although I had major problems trying to buy a pair of iPod Touch's with UK spec (so chip ‘n’ pin) debit and credit cards in the Apple Store. And since I'd happily used those cards in other sellers (e.g. Alamo car rental, 7/11 etc) and did subsequently, I'm pretty convinced that the problem was at Apple's end not mine. That's what they get for using iPhone5's as roaming tills rather than having “proper” ones! :p

Oh, and I compared by “last year's model” LG G3 to the new iPhone6s and still came away preferring my old LG. I wasn't convinced by the 6s's look and while the UI was a bit smoother, it wasn't a big enough difference for me to want to jump ship.
abaxas
TBH I've always wondered why standard android comes with the worst SMS app of all time.

I know SMS is a bit oldskool but it's basically free.

Because Google want you to use Hangouts, so they pretty much abandoned the AOSP messaging app.

Because Android is open source, apart from the bits like Hangouts that aren't ;) :D