Apple Touts Record Q4 Earnings

On Tuesday, Apple announced financial results for its fiscal 2015 fourth quarter. Having sold 48 million iPhones, 5.7 million Macs and 9.8 million iPads, it was a powerful three-month period for the Cupertino, California-based tech giant. The company posted quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion. The growth was fueled …   Read More

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Apple Touts Record Q4 EarningsOn Tuesday, Apple announced financial results for its fiscal 2015 fourth quarter.

Having sold 48 million iPhones, 5.7 million Macs and 9.8 million iPads, it was a powerful three-month period for the Cupertino, California-based tech giant.

The company posted quarterly revenue of $51.5 billion and quarterly net profit of $11.1 billion.

The growth was fueled by record fourth quarter sales of iPhone, the expanded availability of Apple Watch, and all-time records for Mac sales and revenue from services, Apple explained Tuesday.

“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.”

To read Apple’s complete statement, click here.

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