Thursday, November 27, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
GoPro Camera Drones In The Worls: report
European Parliament Votes To Break Up Google
LG Electronics Streamlines Structure, Names New Presidents of Home and Mobile Segments
Microsoft Accidentally Anounced Acquisition Of Acompli
Microsoft Offers Massive Music Deals For The Holidays
ETRI Develops 10Gbps Internet Speeds Technology
New Asus Strix 7.1 Surround Gaming Headset Released
Twitter Tracks Apps Installed On Your Device, Introduces Offers
Active Discussions
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
 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 To Donate Part of App Sales Profit To Support Fight Against AIDS
Apple To Bundle Beats to iOS: report
Apple WatchKit Software Tools Now Available
UnionPay Payment Option Now Available For or Chinese Apple Customers
Samsung To Make Future Application Processors For Apple: report
Apple Downlpays Importance of "Masque Attack" To iOS Devices
Apple To Face Lawsuit Over Vanishing iPhone Text Messages
Apple May Change Flash NAND Used in New iPhones
WireLurker Malware Targets Apple Devices
Apple Becomes The Most Powerful Mobile Brand In China: survey
Christie's To Auction Original Apple Computer
Apple's Tim Cook Declares His Sexual Orientation

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .