Friday, October 31, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sharp To Produce New Backlight-free LCD Panel For Wearables
New Cameras Boost GoPro's Quarterly Profit
Panasonic AX800 4K ULTRA HD TVs Update Adds Compatibility With Netflix 4K Streaming
YouTube Now Supports 60fps Videos
Samsung Brings Gear S to U.S. Next Week
Corsair Introduces Sabre RGB Mice For Gamers
Ubisoft's Assassin's Creed Unity Included with Purchase of Samsung UD590 Monitor or 850 PRO Series SSD
Apple's Tim Cook Declares His Sexual Orientation
Active Discussions
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
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Questions durability monitor LCD
 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's Tim Cook Declares His Sexual Orientation
GT Advanced Technologies Reaches Settlement Agreement With Apple
Bonhams Sells Apple Computer For 905K USD
BofA Double-Charged Apple Pay Customers
Apple To Stop SSL 3.0 Support For Push Notifications
Strong iPhone, Mac And App Store Sales Drive Apple's Record September Quarter Revenue And Earnings
Apple iOS 8.1 Available For Download
Apple Introduces New iPad Air 2, iPad mini 3 And iMac with Retina 5K Display
New iPads Leaked Ahead Of Official Launch Event
New iPhones Arrive in 36 More Countries This Month
GT To Stop Production In Sapphire Plant, Accuses Apple Of 'Oppressive" Contract Terms
Apple and Google Each worth more than USD $100

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 .