Thursday, March 05, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
U.S. Trade Office Releases Latest Notorious Markets List
MPEG LA Introduces License for DisplayPort
Toshiba Starts Shipping 20-Megapixel CMOS Image Sensor For Mobile Devices
Larger iPad Production Pushed Back For September:
Intel Outlines 2015 Gaming News at GDC
HBO, Apple To Launch Video Streaming Service: report
Xbox One wireless controller Adapter Coming To Windows PCs
Samsung, Oculus To Launch Gear VR Mobile Device Headsets This Year
Active Discussions
Newbie
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
 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
Larger iPad Production Pushed Back For September:
HBO, Apple To Launch Video Streaming Service: report
Apple To Release Fix For Freak Security Bug
Samsung Lost Top Position to Apple in Q4's Global Smartphone Market
Ericsson Sues Apple Over Patent Infringement
Apple To Hold Watch Event on March 9
Apple To Pay $533 million for Patent Infringement
Apple to Invest 1.7 Billion Euros in New European Data Centres
Apple Granted Patent For A Head-mounted iPhone Virtual Reality Display
Apple Said To Have Dropped Some Health Monitoring Functions In Apple Watch
New Apple iWork Apps Run On PCs Too
More Reports Emerge On Apple's Secret Automotive Project

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 .