Apple has just published their financial results for Q4 2015, which covered the three months from July to September 2015. The company posted revenue of $51.5 billion. The company sold 9.8 million iPads, 48 million iPhones, and 5.7 million Macs, earning a quarterly net profit of $11.1 billion.
“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.”
Estimates for Q4 2015 and the Year Ago Quarter (Q4 2014)
Apple’s guidance for Q4 2015 fell between $49 billion and $51 billion.
Today, Fortune surveyed a number of institutional and independent Apple analysts, and found that the average prediction was for Apple to earn $51.38 billion in revenue and an earnings per share of $1.92. The analysts estimated that Apple sold 48.89 million iPhones, 10.23 million iPads, 5.67 million Macs, and 4.02 million Watches in Q4 2015.
In the year ago quarter (Q4 2014), Apple earned $42.1 billion in revenue, and $8.5 billion in profit. During that quarter Apple sold 39.3 million iPhones, 12.3 million iPads and 5.5 million Macs.
Notes from the Call
Apple has reported $234 billion in revenue in fiscal year 2015. Over 300 million devices have been sold in the last 12 months.
Apple has crossed 100 billion cumulative downloads on the App Store.
Growing sales of Macs defy the industry trend, which contracted by 11%.
Apple has completed 15 acquisitions in the last 12 months.
Today, over 13,000 apps are available on the Watch App Store, including 1300 built for watchOS 2.
61% of devices are on iOS 9.
More than 1600 HealhKit apps are available on the App Store.
Over 50 brands are working on HomeKit accessories.
More than 50 automobile models have been announced with CarPlay support.
40 million people are reading in Apple News, with more than 70 publishers signed representing 100 titles.
Apple Q4 2015 in Tweets
.@CNBC: Tim Cook remains confident that Apple will grow iPhone units; seeing highest rate of Android switchers ever, not leveling off
— MacJournals.com (@macjournals) October 27, 2015
.@CNBC: Cook sees no signs of China slowdown, was there just last week.
— MacJournals.com (@macjournals) October 27, 2015
Apple’s Cook: 30% of Iphone buyers during fiscal q4 came from Android switchers, highest ever measured by Apple.
— Daisuke Wakabayashi (@daiwaka) October 27, 2015
The Apple growth roller-coaster pic.twitter.com/2qMSIgmsR1
— Benedict Evans (@BenedictEvans) October 27, 2015
In case you have any doubt about China’s importance to Apple’s growth… pic.twitter.com/nSMkUSYYwd
— Jan Dawson (@jandawson) October 27, 2015
In FY 2015, Apple increased R&D spending to about 3.45% of net sales from about 3.30% of net sales in FY 2014. (That’s $2.026B increase)
— MacJournals.com (@macjournals) October 27, 2015
Apple’s cash swells 33% to $206B
— Horace Dediu (@asymco) October 27, 2015
30k Macs inside IBM, adding 1,900 per week.
— Matthew Panzarino (@panzer) October 27, 2015
Luca: Revenue 99% up in China. Emerging markets performance strong overall, up 65% year over year. 31% of total company revenue.
— Six Colors liveblog (@sixcolorsevent) October 27, 2015
China iPhone sales were up 120%
— Horace Dediu (@asymco) October 27, 2015
Luca: Apple Watch available in 5,000 locations in 32 countries.
— Neil Cybart (@neilcybart) October 27, 2015
Tim Cook says that Apple did $25 billion in enterprise sales last fiscal year–almost as much as its total revenue in 2007.
— Harry McCracken (@harrymccracken) October 27, 2015
Not a bad business pic.twitter.com/RODi185haz
— Benedict Evans (@BenedictEvans) October 27, 2015
Cook: iPhone sales in China are slowing, but I don’t think that is a disaster. It’s not really due to the economy (agree - tough yoy)
— Neil Cybart (@neilcybart) October 27, 2015
Interesting iPhone ASP development pic.twitter.com/Ly50TfwhxO
— Benedict Evans (@BenedictEvans) October 27, 2015
“China will be Apple’s top market in the world, not just in terms of sales but the development ecosystem there is very strong.” —@tim_cook
— Zach Kahn (@zkahn94) October 27, 2015
Cook: We will love to make iPhone Upgrade Program available online one day (huge). <- Cook’s last statement
— Neil Cybart (@neilcybart) October 27, 2015
Apple Services vs. Mac Revenues. pic.twitter.com/WpWlXoM0gz
— Horace Dediu (@asymco) October 27, 2015
Graphical Visualization
Below, we’ve compiled a graphical visualization of Apple’s Q4 2015 financial results.