Sunday, February 01, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
South Korea's Antitrust Authority Aims At Google, Apple
Bill Gates Sees Future In Robots
Pirate Bay Back Online
ASUS Announces The B85M-Gamer Mainboard
AT&T, Verizon Among Winners Of US Airwaves Auction
Apple Closes the Gap on Samsung Fourth Quarter's Worldwide Smartphone Shipments
Verizon To Let Users Opt Out Supercookies
Microsoft Outlines Windows 10 Options For The Enterprise
Active Discussions
Why Double Logins ?
retrieving burned cd information
Writing Audio files on DVDs ?
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
 Home > News > Mobiles > iPhone ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, April 23, 2014
iPhone Sales Drive Apple's Record March Quarter Revenue


Apple today posted quarterly revenue of $45.6 billion and quarterly net profit of $10.2 billion for its fiscal 2014 second quarter ended March 29, 2014.

These results compare to revenue of $43.6 billion and net profit of $9.5 billion in the year-ago quarter. Gross margin was 39.3 percent compared to 37.5 percent in the year-ago quarter. International sales accounted for 66 percent of the quarter?s revenue.

Apple has sold higher than expected 43.72 million iPhones.

"We're very proud of our quarterly results, especially our strong iPhone sales and record revenue from services," said Tim Cook, Apple's CEO. "We're eagerly looking forward to introducing more new products and services that only Apple could bring to market."

"We generated $13.5 billion in cash flow from operations and returned almost $21 billion in cash to shareholders through dividends and share repurchases during the March quarter," said Peter Oppenheimer, Apple's CFO. "That brings cumulative payments under our capital return program to $66 billion."

For the third quarter, Apple expects a revenue between $36 billion and $38 billion.

Apple also approved another $30 billion in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock's appeal to individual investors.




Previous
Next
Qualcomm Reports Less Than Expected 2Q Revenue        All News        Travelling Through Time On Updated Google Maps
Qualcomm Reports Less Than Expected 2Q Revenue     Mobiles News      OnePlus One To Launch Next Month

Get RSS feed Easy Print E-Mail this Message

Related News
Apple Closes the Gap on Samsung Fourth Quarter's Worldwide Smartphone Shipments
Apple Sells Record iPhones in Holiday Quarter, iWatch Coming in April
Apple Takes Top Spot in China's Smartphone Market
Samsung and Apple Together Consumed 17 Percent of Total Semiconductor Demand in 2014
Samsung Led The Smartphone Market in 2014, TrendForce Reports
Apple May Use Its Own Chips In Future Macs
Apple, Ericsson In Courts Over LTE Patents
Apple, Google To End Lawsuit Over Poaching
Apple May Take On GoPro With Action Cameras
Quanta Accelerates Production Of New 12-inch MacBook Air
Apple Patent Describes Flexible iPhone Concept
Apple Starts Selling Unlocked iPhone 6 and 6 Plus

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .