UPDATE: Here are some of the interesting tidbits shared by Apple during its earnings call:
ORIGINAL: Earnings season is in full force, and Apple is the latest company to report its latest numbers.
Apple says that in its fiscal Q4 2015, it sold 48 million iPhone units, which is a record for fourth quarter iPhone sales. To compare, Apple solid 39.27 million iPhones in its fiscal Q4 2014. Meanwhile, the iPad sold 9.9 million units in Q4 2015, while the Mac sold 5.7 million units.
Turning to financials, Apple pulled in a whopping $11.1 billion in net profit in Q4 2015, which is up from $8.5 billion in Q4 2014. Apple also posted a Q4 2015 revenue of $51.5 billion, up from $49.6 billion in Q4 2014.
Here’s what Apple CEO Tim Cook had to say about his company’s results:
“Fiscal 2015 was Apple’s most successful year ever, with revenue growing 28% to nearly $234 billion. This continued success is the result of our commitment to making the best, most innovative products on earth, and it’s a testament to the tremendous execution by our teams.
"We are heading into the holidays with our strongest product lineup yet, including iPhone 6s and iPhone 6s Plus, Apple Watch with an expanded lineup of cases and bands, the new iPad Pro and the all-new Apple TV which begins shipping this week."
Apple’s iPhone business grew again this quarter, and the launch of the iPhone 6s and iPhone 6s Plus helped make Q4 2015 the best iPhone quarter Apple’s ever had. Meanwhile, the iPad’s quarter wasn’t so hot, with the iOS tablet dropping from 12.32 million sold in Q4 2014 to 9.9 million in Q4 2015. While Apple did launch the iPad mini 4 during the quarter, that update wasn’t enough to give iPad sales a meaningful boost, and there wasn’t a new iPad Air model to help. Apple did announce the iPad Pro during the quarter, but that device won’t go on sale until November.
Apple will hold an earnings call to discuss its results at 5:00 pm ET. I’ll be listening in, and I’ll be sure to report back with any interesting tidbits that Tim Cook and Co. have to share.