Apple’s Record 4Q 2015 Results: $11.1 Billion Profit on $51.5 Billion Revenue

Apple today announced financial results for the third calendar quarter and fourth fiscal quarter of 2015, setting a number of company records. For…

Sourced through Scoop.it from: www.macrumors.com

Apple today announced financial results for the third calendar quarter and fourth fiscal quarter of 2015, setting a number of company records. For the quarter, Apple posted revenue of $51.5 billion and net quarterly profit of $11.1 billion, or $1.96 per diluted share, compared to revenue of $42.1 billion and net quarterly profit of $8.5 billion, or $1.42 per diluted share in the year-ago quarter.  Apple’s guidance for the first quarter of fiscal 2016 includes expected revenue of $75.5-77.5 billion and gross margin between 39 and 40 percent. 

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