Apple Has Best Year Ever, Generates Nearly a Quarter Trillion in Revenue
iPhones are popular.
Apple on Tuesday reported earnings for its fiscal 2015 fourth quarter ended September 26, revealing major increases for revenue and profit, helping the technology giant record its best year ever.
For the quarter, Apple hauled in $51.5 billion in revenue, compared to $42.1 billion during the same quarter last year. Profit was $11.1 billion, up from the $8.5 billion that Apple achieved a year ago.
Growth was led by strong iPhones, wider availability for the Apple Watch, and "all-time records" for Mac sales and revenue from Apple's various services, including iTunes.
Looking at the full year, Apple revenue grew 28 percent to nearly $234 billion--that's almost a quarter of a trillion dollars. Fiscal 2015 was Apple's most successful year on record.
"This continued success is the result of our commitment to making the best, most innovative products on earth, and it's a testament to the tremendous execution by our teams," Apple CEO Tim Cook said in a statement. "We are heading into the holidays with our strongest product lineup yet, including iPhone 6s and iPhone 6s Plus, Apple Watch with an expanded lineup of cases and bands, the new iPad Pro, and the all-new Apple TV which begins shipping this week."
It wasn't all good news for Apple, however, as iPad sales continued to slide. Check out the slide below for even more details about Apple's sales in the latest period.
Got a news tip or want to contact us directly? Email email@example.com