Apple Reports Fourth Quarter Results: $42.1 Billion in Revenue, $8.5 Billion in Net Profit

Apple Reports Fourth Quarter Results: $42.1 Billion in Revenue, $8.5 Billion in Net Profit

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Apple today announced financial results for its fiscal 2014 fourth quarter ended September 27, 2014. The Company posted quarterly revenue of $42.1 billion and quarterly net profit of $8.5 billion, or $1.42 per diluted share. These results compare to revenue of $37.5 billion and net profit of $7.5 billion, or $1.18 per diluted share, in the year-ago quarter. Gross margin was 38 percent compared to 37 percent in the year-ago quarter. International sales accounted for 60 percent of the quarter’s revenue.

Apple’s board of directors has declared a cash dividend of $.47 per share of the Company’s common stock. The dividend is payable on November 13, 2014, to shareholders of record as of the close of business on November 10, 2014.

“Our fiscal 2014 was one for the record books, including the biggest iPhone launch ever with iPhone 6 and iPhone 6 Plus,” said Tim Cook, Apple’s CEO. “With amazing innovations in our new iPhones, iPads and Macs, as well as iOS 8 and OS X Yosemite, we are heading into the holidays with Apple’s strongest product lineup ever. We are also incredibly excited about Apple Watch and other great products and services in the pipeline for 2015.”

“Our strong business performance drove EPS growth of 20 percent and a record $13.3 billion in cash flow from operations in the September quarter,” said Luca Maestri, Apple’s CFO. “We continued to execute aggressively against our capital return program, spending over $20 billion in the quarter and bringing cumulative returns to $94 billion.”

Apple is providing the following guidance for its fiscal 2015 first quarter:
● revenue between $63.5 billion and $66.5 billion
● gross margin between 37.5 percent and 38.5 percent
● operating expenses between $5.4 billion and $5.5 billion
● other income/(expense) of $325 million
● tax rate of 26.5 percent

Apple will provide live streaming of its Q4 2014 financial results conference call beginning at 2:00 p.m. PDT on October 20, 2014 at www.apple.com/quicktime/qtv/earningsq414.

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Apple Reports Fourth Quarter Results: $42.1 Billion in Revenue, $8.5 Billion in Net Profit
had it with apple - October 20, 2014 at 10:14pm
they should also mentione how much taxes have they paid, if they had paid any at all. apple is know for tax evasion.
had it with trolls - October 20, 2014 at 10:22pm
You should also mentioned how much proof you are just myth shittin. If you learned to face facts, you wouldn't be fed up over your sarcastic crap.
T Hui - October 20, 2014 at 10:11pm
Apple is dead in the water as all the doubters say. They will be dead soon. Lol!
T Cri - October 20, 2014 at 10:23pm
You are blind as a broken channel as all the jealous souls could care less. You will be plunged to a death soon. Lawl
Mewfasa - October 20, 2014 at 9:56pm
And their partner companies struggle from financing and bankruptcy. Good Guy Apple /sarcasm
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