Menu
Apple sold 51 million iPhones last quarter, posted $57.6 billion in revenue

Apple sold 51 million iPhones last quarter, posted $57.6 billion in revenue

Apple set records in both iPhone sales and quarterly revenue

Apple set two records for itself in the first quarter of its 2014 fiscal year, selling 51 million iPhones and reporting revenue of $US57.6 billion, with a net profit of $US13.1 billion.

Apple said it also sold 26 million iPads during the quarter, topping its previous record of 22.9 million sold in the year-earlier quarter, when it also sold 47.8 million iPhones. Mac sales were up to 4.8 million from 4.1 million in the first quarter of fiscal 2013.

The company's gross margins slipped to 37.9 per cent from 38.6 per cent in the comparable quarter a year ago. Apple said that 63 per cent of its revenue came from international sales.

Earnings per share, at $US14.50, were in line with analysts' estimates that averaged $US14.09 per share. Apple will pay a cash dividend of $US3.05 per share on Feb. 13.

For the current, second fiscal quarter, Apple is forecasting revenue between $US42 billion and $US44 billion, and gross margins between 37 and 38 per cent.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags business issuesApplefinancial results

Featured

Slideshows

The making of an MSSP: a blueprint for growth in NZ

The making of an MSSP: a blueprint for growth in NZ

Partners are actively building out security practices and services to match, yet remain challenged by a lack of guidance in the market. This exclusive Reseller News Roundtable - in association with Sophos - assessed the making of an MSSP, outlining the blueprint for growth and how partners can differentiate in New Zealand.

The making of an MSSP: a blueprint for growth in NZ
Reseller News Platinum Club celebrates leading partners in 2018

Reseller News Platinum Club celebrates leading partners in 2018

The leading players of the New Zealand channel came together to celebrate a year of achievement at the inaugural Reseller News Platinum Club lunch in Auckland. Following the Reseller News Innovation Awards, Platinum Club provides a platform to showcase the top performing partners and start-ups of the past 12 months, with more than ​​50 organisations in the spotlight.​​​

Reseller News Platinum Club celebrates leading partners in 2018
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP has honoured its leading partners in New Zealand during 2018, following 12 months of growth through the local channel. Unveiled during the fourth running of the ceremony in Auckland, the awards recognise and celebrate excellence, growth, consistency and engagement of standout Kiwi partners.

Meet the top performing HP partners in NZ
Show Comments