By Alex Brooks Apple’s fiscal year revenue between 2000 and 2014
Apple today announced financial results for its fourth fiscal quarter of 2014 which ran from July 1, 2014 until September 27. The quarter also marks the end of Apple’s financial year. For the quarter Apple posted revenue of $42.1 billion and net quarterly profit of $8.5 billion, or $1.42 per diluted share (adjusted for stock split). 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.
For the fiscal year Apple made a total of $182.79bn in revenue, this compares to $170.91bn in FY2013.
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 reported the following number of shipments for its products during the quarter:
39.3 million iPhones compared to 33.8 million in the year-ago-quarter
12.3 million iPads compared to 14.1 million in the year-ago-quarter
5.5 million Macs compared to 4.6 million in the year-ago quarter
2.6 million iPods compared to 3.5 million in the year-ago quarter.
“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 provided the following guidance for its fiscal 2014 third 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%
Source: World of Apple
