Posted on 10/20/2014 2:22:26 PM PDT by Swordmaker
Apple today announced financial results for its fiscal 2014 fourth quarter ended September 27, 2014. The Company posted quarterly revenue of $42.1 billion and quarterly net profit of $8.5 billion, or $1.42 per diluted share. 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. 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.
Thomson Reuters‘ analysts consensus called for Apple to report net income of $1.31 per share on revenue of $39.84 billion.
Apple Unit Sales Q414:
“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’s board of directors has declared a cash dividend of $.47 per share of the Company’s common stock. The dividend is payable on November 13, 2014, to shareholders of record as of the close of business on November 10, 2014.
Apple is providing the following guidance for its fiscal 2015 first quarter:
Apple will provide live streaming of its Q4 2014 financial results conference call beginning at 2pm PDT/5pm EDT on October 20, 2014 at www.apple.com/quicktime/qtv/earningsq414. MacDailyNews will cover with live notes. Check home page for link.
Categories: News
You're welcome. I may go again soon too. I'm sure I will have more pics for you. We are waiting for you bro. Mayor Duterte sends his greetings :-)
I'd like to import him to the US ... team him up with Arpaio
He is a kick ass, take names kind of guy, who doesn't put up with much foolishness. Some have been found floating in the river before. How they got there, is anyone's guess, but I have my own opinion.
Gettin' late
'night
Today it is at 101.99
+2.23 at 9:30am pacific
Wall Street knows how to pull the strings. They want a stock to go up or down to make their profit and bonus they can do so no matter what shape a company is in.
Impossible, everyone knows Apple is finished / died with Steve Jobs / puts out products before they’re ready / steals all their ideas from Bill Gates/Samsung/Digital Research... ;’)
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