On July 21, Apple reported its 2015 third quarter financial results. Apple posted a record quarterly revenue of $49.6 billion and net profit of $10.7 billion. Compare this to one year ago, that’s up from revenue of $37.4 billion and net profit of $7.7 billion. Says CEO Tim Cook: “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. 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.”
Now let’s break it down by product category. Apple sold 47.5 million iPhones in the quarter (compared to 35.2 million in the year-ago quarter); 10.9 million iPads (compared to 13.3 million); and 4.8 million Macs (compared to 4.4 million). As for iPod, Apple TV, and Apple Watch, the company stuffs these products into a single category called Other Products and unfortunately does not disclose how many units of each were sold. However, what we do know is that this division accounted for $2.6 billion of Apple’s revenue this quarter.
Interested in how Apple Watch performed out of the gate? The company’s not sharing exact figures, but in an interview with The New York Times, Apple CFO Luca Maestri says that “the watch’s sales in its first nine weeks exceeded those of the iPhone and iPad in their first nine weeks of availability.” Also, Maestri informed Engadget during the earning call today that the watch “was responsible for “over 100 percent” of the “Other Product” category’s growth in the quarter and offset any losses from iPod and accessory sales.”
Looking ahead to the fourth fiscal quarter of 2015, Maestri expects revenue between $49 billion and $51 billion.
[Via Apple]
