Apple: The fourth quarter of 2015 is still a record
The financial fourth quarter of 2015 is yet another success for Apple. During the conference dedicated to shareholders, the Cupertino company disclosed the extraordinary data underlying its success: the sales quarterly was equal to 51.5 billion dollars and brought a Net income equal to 11.1 billion dollars as well as a value of approximately $ 1.96 per single share. Compared to the same period of 2014, the turnover increased by a good 9.4 billion while the profit increased by 2.6 billion. The international sales accounted for 62% of turnover. Apple attributed its growth to sizable iPhone sales of 48 million units compared to 39.2 million last year, and the extension of the availability of the Apple Watch. Absolute record also for Macs, 5.7 million units sold.
“Fiscal 2015 was Apple’s most successful year ever, with revenue growing 28 percent to nearly $ 234 billion. This continued success is the result of our commitment to creating the best and most innovative products in the world and is a testament to the incredible ability of our teams to execute, ”said Tim Cook, Apple’s CEO. “We are heading into the holiday season with our strongest product lineup ever, including the iPhone 6s and iPhone 6s Plus, Apple Watch with an expanded range of cases and straps, the new iPad Pro and the all-new Apple TV whose deliveries start this week. ”
“Apple’s record results for the September quarter drove 38% earnings per share growth and operating cash flow of $ 13.5 billion,” said Luca Maestri, Apple’s CFO. “We returned over $ 17 billion to shareholders during the quarter through stock repurchases and dividends, and we have now completed over $ 143 billion of the $ 200 billion in our capital return program.” Apple then provided the forecasts for the first quarter of 2016: • sales 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 / (expenses) of $ 400 million
• Tax rate of 26.2 percent Through new sales iPhone 6s, Cupertino therefore expects in Q1 2016 a turnover higher than 14 billion compared to the one just disclosed.
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