Apple posts $74.6B in Q1 revenues based on iPhone, Mac sales

Apple logoApple has posted the results of its first fiscal quarter for 2015, which actually ended on December 27. The company says it achieved record quarterly revenue of $74.6 billion, and similarly record-setting net profits of $18 billion, or $3.06 per share. The figures compare against $57.6 billion, $13.1 billion, and $2.07 in Q1 2014; gross margins increased from 37.9 percent to 39.9 percent. Apple notes that international sales made up 65 percent of the recent quarter's revenues.

The company credits its performance to record iPhone, Mac, and App Store sales. The only unit number mentioned in the official press release, however, is 74.5 million iPhones. The iPad is unmentioned except in a detailed breakdown PDF, showing poor results for the device.

Over $8 billion was funneled into the company's capital return program for investors, bringing the total to nearly $103 billion. Guidance for the next quarter includes revenue between $52-55 billion, a gross margin of 38.5 to 39.5 percent, $5.4-5.5 billion in operating expenses, and an "other income/(expense)" tally of $350 million. In the meantime, Apple has declared a cash dividend of 47 cents per share, payable on February 12 to shareholders owning stock by the end of trading on the 9th.

Source: Electronista

Tags: Apple, report

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