{"id":63589,"date":"2015-07-21T04:07:00","date_gmt":"2015-07-22T12:07:00","guid":{"rendered":"http:\/\/localhost\/?p=63589"},"modified":"2015-07-21T09:07:56","modified_gmt":"2015-07-22T05:07:56","slug":"apple-quarterly","status":"publish","type":"magazine","link":"https:\/\/brainstation.io\/magazine\/apple-quarterly","title":{"rendered":"Apple Posts $50 Billion Quarterly Revenue, Sells 16 Million iPhones Every Month"},"content":{"rendered":"<p><img decoding=\"async\" style=\"margin: 11px 22px; float: right;\" src=\"https:\/\/farm9.staticflickr.com\/8730\/16794703849_e2680ac664_o.png\" alt=\"\" width=\"317\" height=\"222\" \/>Apple posted revenue of $49.6 billion and net profit of $10.7 billion during its&nbsp;fiscal 2015 third quarter.<\/p>\n<p><!-- pagebreak --><\/p>\n<p>These results compare to revenue of $37.4 billion and net profit of $7.7 billion in the year-ago quarter.<\/p>\n<p>Gross margin was 39.7 percent compared to 39.4 percent in the year-ago quarter.<\/p>\n<p>&ldquo;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,&rdquo; said Tim Cook, Apple&rsquo;s CEO.<\/p>\n<p>Apple sold more than 47 million iPhones, 11 million iPads, and nearly five million Macs. iPhone and Mac sales are up while iPad sales have stagnated.<\/p>\n<p>&ldquo;In the third quarter our year-over-year growth rate accelerated from the first half of fiscal 2015, with revenue up 33 percent and earnings per share up 45 percent,&rdquo; said Luca Maestri, Apple&rsquo;s CFO. &ldquo;We generated very strong operating cash flow of $15 billion, and we returned over $13 billion to shareholders through our capital return program.&rdquo;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple posted revenue of $49.6 billion and net profit of $10.7 billion during its&nbsp;fiscal 2015 third quarter. These results compare to revenue of $37.4 billion and net profit of $7.7 billion in the year-ago quarter. Gross margin was 39.7 percent compared to 39.4 percent in the year-ago quarter. &ldquo;We had an amazing quarter, with iPhone [&hellip;]<\/p>\n","protected":false},"author":55555,"featured_media":63591,"menu_order":0,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"magazine-region":[],"magazine-series":[],"magazine-topic":[],"class_list":["post-63589","magazine","type-magazine","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/63589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine"}],"about":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/types\/magazine"}],"author":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/users\/55555"}],"version-history":[{"count":0,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine\/63589\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media\/63591"}],"wp:attachment":[{"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/media?parent=63589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/categories?post=63589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/tags?post=63589"},{"taxonomy":"magazine-region","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-region?post=63589"},{"taxonomy":"magazine-series","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-series?post=63589"},{"taxonomy":"magazine-topic","embeddable":true,"href":"https:\/\/brainstation.io\/wp\/api\/wp\/v2\/magazine-topic?post=63589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}