Saturday, December 10, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
U.S. Confirms Samsung and LG Dumped Washers
Xiaomi Electric Vehicle Launch on Monday, Yeelight LED Ceiling Light Launched
Hon Hai, Sharp To Build Massive LCD TV Plant In China
U.S. To Review Cyber Attacks Beyond 2016 Election
Samsung To Brick Remaining Note7 Device Through Software Update
Samsung SDI to Supply Batteries To Lucid Motors
Samsung To Design And Make Chips For Tesla Cars
Google Opens its Digital Assistant to Developers
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > iPhone ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, January 27, 2014
iPhone and iPad Sales Drive Apple's Revenue and Operating Profit


Apple's holiday season proved to be profitable as company sold a record number of iPhones and iPads during its latest quarter.

During the fiscal 2014 first quarter ended December 28, 2013, Apple posted record quarterly revenue of $57.6 billion and quarterly net profit of $13.1 billion. These results compare to revenue of $54.5 billion and net profit of $13.1 billion, in the year-ago quarter. Gross margin was 37.9 percent compared to 38.6 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter's revenue.

Apple said it sold 51 million iPhones, an all-time quarterly record, compared to 47.8 million in the year-ago quarter. The company also sold 26 million iPads during the quarter, also an all-time quarterly record, compared to 22.9 million in the year-ago quarter. Apple sold 4.8 million Macs, compared to 4.1 million in the year-ago quarter.

Apple's Board of Directors has also declared a cash dividend of $3.05 per share of the company's common stock. he dividend is payable on February 13, 2014.

"We are really happy with our record iPhone and iPad sales, the strong performance of our Mac products and the continued growth of iTunes, Software and Services," said Tim Cook, Apple's CEO. "We love having the most satisfied, loyal and engaged customers, and are continuing to invest heavily in our future to make their experiences with our products and services even better."

In a conference call with Wall Street analysts, Apple CEO Tim Cook said the company is growing in emerging markets and that new products are coming. In addition to an iPhone with a bigger screen, the company has been exploring the release of a wearable-computing device and an expanded mobile-payments system, people with knowledge of the plans have said. While Cook didn?t specify what?s in the pipeline, he said he?s "intrigued" by letting people pay for products with iPhones.

Cook also said iPhone sales with China Mobile had had "an incredible start." The smartphone is available in 16 cities in China and will be in more than 300 by the end of this year, he said.




Previous
Next
Microsoft Joins Open Compute Project        All News        Tech companies To Provide More Detailed Transparency Reports
Microsoft Joins Open Compute Project     General Computing News      Tech companies To Provide More Detailed Transparency Reports

Get RSS feed Easy Print E-Mail this Message

Related News
Apple In Talks With Hollywood For Early Movie Rental
These Are Apple's Best of 2016 Across Apps, Music, And Movies
U.S. Supreme Court Rules in Favor of Samsung in Smartphone Patent Suit
Apple Sent Letter NHTSA Asking About Autonomous Vehicle Guidelines
Apple Blames Battery For Random iPhone 6s Shutdowns
Researcher Bypasses The iOS Activation Lock
Apple To Use Drones To Collect Maps Data, Progresses With Interior Mapping Project
New Report Suggests A Curved iPhone Is In The Works
Apple's Black Friday "Deals" Are Just Up To $150 Gift Cards
LG Innotek To Develop 3D Smartphone Camera With Apple
Apple Could Not Move iPhone Production To The U.S.
Apple Quits Development of Wireless Routers

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .