Apple posted revenue of USD 49.6 billion for its third quarter FY 2015

Apple has announced its third quarter results ended June 27, 2015 for financial year 2015.

The Company has posted quarterly revenue of $ 49.6 billion and quarterly net profit of $ 10.7 billion, or $ 1.85 per diluted share compare to revenue of $ 37.4 billion and net profit of $ 7.7 billion, or $1.28 per diluted share, in the year-ago quarter.

apple iphone 6

Apple’s board of directors has declared a cash dividend of $.52 per share of the Company’s common stock. The dividend is payable on August 13, 2015, to shareholders of record as of the close of business on August 10, 2015.

“We had an amazing quarter, with iPhone revenue up 59 percent over last year, strong sales of Mac, all-time record revenue from services, driven by the App Store, and a great start for Apple Watch,” said Tim Cook, Apple’s CEO. “The excitement for Apple Music has been incredible, and we’re looking forward to releasing iOS 9, OS X El Capitan and watchOS 2 to customers in the fall.”

“In the third quarter our year-over-year growth rate accelerated from the first half of fiscal 2015, with revenue up 33 percent and earnings per share up 45 percent,” said Luca Maestri, Apple’s CFO. “We generated very strong operating cash flow of $15 billion, and we returned over $13 billion to shareholders through our capital return programme.”

Company has provided following guidance for its fiscal 2015 fourth quarter;

  • revenue between $49 billion and $51 billion
  • gross margin between 38.5 percent and 39.5 percent
  • operating expenses between $5.85 billion and $5.95 billion
  • other income/(expense) of $400 million
  • tax rate of 26.3 percent

Table showing Apple’s revenue segment and product wise

Operating segment Revenue Product Units Revenue
Americas $20,209 iPhone 47,534 $31,368
Europe $10342 iPad 10931 $4538
Greater China $13,230 Mac 4796 $6030
Japan $2,872 Services $5,028
Rest of Asia Pacific $2,952 Other Products $2,641
Total $49,605 Total $49,605

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