Apple has wowed Wall Street with its financial results for the fourth quarter of the 2015 fiscal year, the new iPhones in particular having led to revenue of $51.5 billion and profit of $11.1 billion.
This net profit translates into $1.96 per diluted share, and compares to the $8.5 billion profit – that’s $1.42 per diluted share – achieved in the same quarter of 2014. For the 2015 quarter, Apple’s gross margin was 39.9% – a boost from the 38% of the year-ago quarter.
As reported by MacRumors, 48 million iPhones and 5.7 Macs were sold – compared to, respectively, 39.2 million and 5.5 million in the corresponding 2014 quarter.
Apple CEO Tim Cook declared the just-concluded 2015 fiscal year the company’s “most successful year ever, with revenue growing 28% to nearly $234 billion.” The new iPhones and upcoming iPad Pro and fourth generation Apple TV also hint at an exciting holiday season for the Cupertino company.
