It’s that time of the year when all eyes are on the world’s most valuable tech company, when Apple reports it quarterly earnings. The quarter saw the launch of the iPhone 6s and 6s Plus, so analysts have taken that into consideration when they gave their best shots at predicting iPhone sales for the fourth fiscal quarter. So, without further ado, here are the numbers as reported by Apple: it sold 48 million iPhones in the September quarter, with revenue of $51.5 billion and sales generating a net profit of $11.1 billion.
Apple’s fourth fiscal quarter in numbers:
– 48 million iPhones
– 9.08 million iPads
– 5.7 million Mac computers
A year ago Apple sold 39.2 million iPhones, and analysts had expected a report of about 48 million, which would represent a 22% year-over-year growth.
“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.”
Analysts, however, were keen to know Apple’s forecast for the first fiscal quarter, as it is an important time for the company. Last year the December quarter accounted for almost 40% of the company’s revenue.
Here is Apple’s forecast for the December quarter:
• revenue between $75.5 billion and $77.5 billion
• gross margin between 39 percent and 40 percent
• operating expenses between $6.3 billion and $6.4 billion
• other income/(expense) of $400 million
• tax rate of 26.2 percent