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2Apple’s iPhone Sales Are Soaring
3Apple Is Still Extremely Profitable
Apple is still an extremely profitable company. During the fiscal fourth quarter, Apple posted a net profit of $8.5 billion on $42.1 billion in revenue. During the same period last year, Apple’s profit was at $7.5 billion and revenue was at $37.5 billion. Overall, things appear to be going well for Apple on the financial front.
4Apple Touts iPhone 6 Sales
Apple touted its iPhone 6 and iPhone 6 Plus sales, saying that they’ve helped the company amount to the “biggest iPhone launch ever.” However, in Apple’s own press release and extra data announced on Oct. 20, the company did not break out total iPhone 6 sales, deciding instead to lump them all together.
5International Sales Are Soaring
International sales are soaring. According to Apple, the international market now accounts for 60 percent of its revenue, which marginalizes, to some degree, the importance of the United States. Still, it’s important to note that the United States is Apple’s biggest market, and it doesn’t appear it will lose its standing any time soon.
6iPad Sales Remain a Sore Spot
Despite all the good news coming out of Cupertino, it’s hard to miss the fact that iPad sales were somewhat sluggish during the fiscal fourth quarter. Apple’s iPad sales hit 12.3 million units and $5.3 billion in revenue. During the previous quarter, sales topped 13.3 million units, while the fourth quarter last year saw unit sales hit 14 million units. Unit and revenue sales were down 13 percent and 14 percent, respectively, from the prior year.
7iPod? What iPod?
The iPod is slowly but surely becoming a less-important device in Apple’s product mix. The music player could only muster 2.6 million unit sales during the fiscal fourth quarter, down 24 percent from the 3.5 million units Apple sold last year. What’s worse, Apple’s revenue slid 28 percent compared with the prior year.
8China Is Surprisingly Stagnating
China might be one of the most important markets for Apple, but it’s not actually performing all that well for the company. Revenue in Greater China hit $5.8 billion during the fiscal fourth quarter, up just 1 percent from the $5.7 billion in revenue Apple posted in the prior year. In the fiscal third quarter, sales in China were $5.9 billion.
9Americas Sales Continue to Be Strongest
The Americas continue to play a crucial role in Apple’s ability to deliver to shareholders such massive profits. During the fiscal fourth quarter, revenue hit $16.2 billion in that operating segment, jumping 17 percent from the same period last year. Those sales were also up 11 percent from the third quarter.
10Retail Stores Are Flying High
Apple’s retail stores continue to fly high, according to the company’s financial results. Apple’s retail business generated $5.1 billion in revenue during the fiscal fourth quarter, representing a 25 percent gain from the third quarter and a 15 percent jump from last year’s fourth quarter. Apple’s retail stores are a sales juggernaut.
11Apple’s iTunes Still a Force to Be Reckoned With
Although Apple doesn’t typically spend much time talking about iTunes, it’s vastly important to the company. In fact, during the last-reported quarter, Apple’s iTunes operation generated $4.6 billion in sales, jumping 8 percent year-over-year. It was also up 3 percent from the fiscal third quarter of 2014.