From DailyTech: Samsung may have warned of a 60 percent shortfall in operating profit for its current quarter, but archrival Apple is still trucking along with healthy profits. The company reported revenue of $42.1 billion (up 12 percent year-over-year), which beat its own forecast of $37 to $40 billion for fiscal Q4 (which ended on September 27). Profit for the quarter came in at a heady $8.5 billion.
Gross margins for the quarter came in at 38 percent (up from 37 percent for the same period last year), earnings came in at $1.42 per diluted share, and international sales accounted for 60 percent of Apple’s quarterly revenue.
The big star for the quarter was no doubt the iPhone 6 and iPhone 6 Plus. The late September launch of the new iPhone (which broke the 10 million mark during the opening weekend of sales) added greatly to Apple’s bottom line. The huge uptick in iPhone 6/iPhone 6 Plus adoption in late September helped Apple sell a record 39.2 million iPhones for the quarter (a 16 percent increase YoY from 33.8 million units).
IDC reported earlier this month that Apple made its way into the Top 5 list of global PC manufacturers, with five percent of the market, thanks to strong Mac sales. Apple’s earnings report confirmed the resurgence of the Mac, having recorded the sale of 5.5 million units during the quarter (a 21 percent increase YoY).
However, Apple’s iPad lineup continues to lag, posting both sequential and YoY declines. Apple reports that it sold 12.3 million iPads during fiscal Q4, which was down seven percent from the previous quarter and 13 percent YoY.
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