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Tuesday, October 21, 2014

Apple quarterly results show iPhone sales up but iPad sales down

Apple has announced financial results for the fourth quarter of its 2014 financial year, which ended on 27th September. Quarterly revenue was up 12% year-on-year to $42.1 billion (£26 billion), while net profit was up to $8.5 billion.

iPhone sales rose by 16% year-on-year (and 12% on the previous quarter) to almost 39.3 million units, although iPad sales fell by 13% from Q4 2013 to 12.3 million units.

Tim Cook, Apple’s CEO, said “Our fiscal 2014 was one for the record books, including the biggest iPhone launch ever with iPhone 6 and iPhone 6 Plus. With amazing innovations in our new iPhones, iPads and Macs, as well as iOS 8 and OS X Yosemite, we are heading into the holidays with Apple’s strongest product lineup ever. We are also incredibly excited about Apple Watch and other great products and services in the pipeline for 2015.”

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Author: The Fonecast
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Categories: Handsets and manufacturers, NewsNumber of views: 1570

Tags: apple ipad iphone

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