Apple’s Q4 2014: 39.27 Million iPhones Sold, $42.1 Billion in Revenue
Analysts were confident that Apple had closed its fiscal year with record iPhone sales. Actually, it was Tim Cook who, on stage last Thursday, had already suggested that Apple had sold a lot of its recently unveiled iPhones. Apple’s press release is here to put that into numbers: The company sold 39.27 million iPhones and posted a quarterly revenue of $42.1 billion, sales that have generated a record net profit of $8.5 billion.
Below you can find the earnings reports broken down by device:
– 39.27 million iPhones
– 12.3 million iPads
– 5.5 million Mac computers
– 2.6 million iPods
– and finally, sales have generated $$13.3 billion in cash.
“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.”
As the above numbers show, Apple has exceeded Wall Street analysts’ expectations for this final quarter of the fiscal year. You may recall that earlier this morning both the professional and amateur analysts agreed that Apple had had a tremendous quarter, selling more than 37 million iPhones. Let’s not forget that of those, 10 million were iPhone 6 and iPhone 6 Plus units sold in the first 72 hours of availability in 10 countries.
An earlier CIRP study suggested that iPhone 6 unit sales account for roughly 46% of the total iPhone sales – in the US, at least.
“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.”