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Apple today announced financial results for the first fiscal quarter of 2015, which corresponds to the fourth calendar quarter of 2014. For the quarter, Apple posted revenue of $74.6 billion and net quarterly profit of $18 billion, or $3.06 per diluted share, compared to revenue of $57.6 billion and net quarterly profit of $13.1 billion, or $1.98 per diluted share, in the year-ago quarter.

Gross margin for the quarter was 39.9 percent compared to 37.9 percent in the year-ago quarter, with international sales accounting for 65 percent of revenue. Apple also declared an upcoming dividend payment of $0.47 per share, payable on February 12 to shareholders of record as of February 9. The company currently holds $178 billion in cash and marketable securities.

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Apple sold a record 74.5 million iPhones during the quarter, up from 51 million a year earlier, while Mac sales were also strong with 5.5 million units sold, up from 4.8 million units in the year-ago quarter. iPad sales were down, however, falling to 21.4 million from 26 million.
"We'd like to thank our customers for an incredible quarter, which saw demand for Apple products soar to an all-time high," said Tim Cook, Apple's CEO. "Our revenue grew 30 percent over last year to $74.6 billion, and the execution by our teams to achieve these results was simply phenomenal."
Apple's guidance for the second quarter of fiscal 2015 includes expected revenue of $52-55 billion and gross margin between 38.5 and 39.5 percent.

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Apple will provide live streaming of its fiscal Q1 2015 financial results conference call at 2:00 PM Pacific, and MacRumors will update this story with coverage of the conference call highlights.

Conference Call and Q&A Highlights are available in reverse chronological order after the jump.

Click here to read rest of article...

Article Link: Apple Reports Record Earnings and iPhone Sales: $18B Profit on $74.6B in Revenue for Q1 2015
 
It's been really cool to see this company flourish in the technology market. Proud one of the most successful technology companies is American :apple:
 
According to Wikipedia, Apple's $18B profit is the most quarterly profit ever recorded by any company.

Previous records:

1. Gazprom (Russian oil): $16.24B in Q1, 2011
2. Royal Dutch Shell: $16.18B in Q2, 2008
3. Exxon Mobile: $15.27B in Q3, 2008
4. Apple: $13.10B in Q1, 2014
5. Apple: $13.08B in Q1, 2013

I think the profits are inflation adjusted to 2011, but I am not sure.
 
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I'm concerned about the fact that the iPhone makes up nearly 70% of Apple's revenue. If somebody makes a better phone, Apple crashes. I know that's unlikely given that people have been trying quite hard even since the first iPhone and haven't managed it yet, but still, talk about putting all your eggs in one basket.
 
I'm concerned about the fact that the iPhone makes up nearly 70% of Apple's revenue. If somebody makes a better phone, Apple crashes. I know that's unlikely given that people have been trying quite hard even since the first iPhone and haven't managed it yet, but still, talk about putting all your eggs in one basket.

I think you're the only one concerned.
 
iPhone: 51M year ago, 74.5M this quarter (67M expected)
iPad: 26M year ago, 21.4M this quarter (21M expected)
Mac: 4.8M year ago, 5.5M this quarter (5.5M expected)

Revenue: $57.6B year ago, $74.6B this quarter ($68.7B expected)
Profit: $13.1B year ago, $18B this quarter ($15.7B expected)

iPads continue to disappoint.
 
Quick question, I'm about to listen to the earnings call (my first time) but before it began, my CNBC app alert me of the earnings followed by this article being published, all before the call even begun. I see at the top of this post there is a link to the earning report on businesswire.com which it looks like, is how this information was obtained.

My question is, where does one go to see this information the moment it is released/available? Not just for Apple, but for any company?

Thanks
 
Wow that's quite a bit more than estimates, most of which were around 67 billion. I guess the stock will make another jump tomorrow
 
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